Jakarta, April 17 -- The Governor of Jakarta, Pramono Anung Wibowo, announced on Friday that the provincial government is reviewing a regional tax reduction policy to counter the effects of ongoing global geopolitical tensions.

Governor Pramono noted that current international conditions-including conflicts in the Middle East and the potential economic fallout from El Niño-pose significant challenges to the capital's economy.

"We are currently reviewing regional tax reductions. Jakarta intends to issue more competitive and attractive tax instruments," Pramono stated.

He expressed hope that these measures would provide necessary relief for both the public and the business community amidst global uncertainty, helping to sustain the ...