Fiscal study center set up

JAKARTA (JP): A number of tax experts, in cooperation with independent foundation Yayasan Bina Pembangunan, yesterday set up a Center for Fiscal and Monetary Studies (CFMS) to help the government promote taxation and provide analyses for economic policy-makers.

The center has made Minister of Finance Mar'ie Muhammad an honorary member and Director General of Taxes Fuad Bewazier a member of its board of patrons.

CFMS' chairman Soemarso said the center, based in Jakarta, will emphasize studies on the development of small-scale businesses, stock market and taxation during its first five years of operation.

He said that all its studies will be made available for publication.

The experts grouped in the center have since 1987 published a series of tax and economic reviews based on their surveys and research. They yesterday launched their 27th publication which features the country's economic development. (fhp)