The Investment Coordinating Board (BKPM) welcomed the Ministry of Finance's plan to lower corporate tax from 25 percent to 20 percent this year. BKPM chief Franky Sibarani mentioned the policy will give positive impact to Indonesia's competitiveness. It also could attract more investments to the country. "The cut will make Indonesia's fiscal structure more competitive compared with other ASEAN member countries," he said in a press release, Jakarta, Wednesday (4/13/2016).