Caviar and stretch limos on Indonesian import tax hit-list as rupiah slides

JAKARTA (Sept 4): Caviar, chocolate and stretch limousines could get a whole lot more expensive in Indonesia as the government steps up efforts to curb imports and halt a sliding currency.

Authorities will publish a list of goods as early as Wednesday that will carry higher import taxes. About 900 goods were reviewed, including basic items like coffee, tea, ice cream, sausages, and pasta.

"It’s done," Finance Minister Sri Mulyani Indrawati was reported by Bloomberg as saying in Jakarta on Tuesday. A regulation aimed at curbing imports would be issued by Thursday at the latest, she said.

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