Jakarta, Nov. 9 -- Finance Minister Suahasil Nazara said the government is preparing several Value Added Tax (VAT) incentives to support public activities during the 2026 Christmas and 2027 New Year holiday period.

"We have started implementing several VAT incentives for the Christmas and New Year holiday period. We will outline the details later," he conveyed when met at the Presidential Palace complex in Jakarta on Monday.

He arrived at the Presidential Palace complex for a limited meeting with President Prabowo Subianto.

Suahasil then explained the VAT incentives are part of the government's efforts to maintain public purchasing power and stimulate economic activity during the year-end holiday period.

The government previously issu...