Jakarta (Antara Bali) - President Joko Widodo (Jokowi) has discovered more than 100 regulations that could be considered unfavorable for businesses in Indonesia.
These regulations must be addressed within this week, President Jokowi said while chairing a plenary cabinet meeting on Wednesday.
The President also plans to hold a meeting with the Indonesian Chamber of Commerce and Industry (Kadin), and other business associations to collect their inputs about unfavorable regulations.
If these problems are not dealt with immediately, businesses will find it difficult to grow, he said.
"Businessmen will find it difficult to invest in Indonesia, and so the capital flow or influx of money from outside the country will be hampered," Jokowi stated.
The President has directed that the aforementioned laws be amended speedily so that they do not hamper the process of economic growth, including the procurement of goods and services, as well as asked that activities aimed at improving the business climate be carried out.
"I know that the drafting of new laws could take time, but the amendments should be expedited," he remarked.
He also emphasized the need to study the existing regulations regarding businesses, and make any revisions if necessary. (WDY)
Related News
Jokowi asks ministers to focus on their work in political year
Thursday, 4 Januari 2018 9:42
Government To Focus On Equitable Development Programs: President
Wednesday, 4 Januari 2017 15:41
President Chairs Cabinet Plenary Meeting
Thursday, 7 April 2016 17:13
Govt Takes Steps To Boost Capital Expenditure
Thursday, 20 Agustus 2015 8:16
Cabinet Meeting to Discuss Mid Term Development Plan
Wednesday, 3 Desember 2014 8:33
BI Bali fasilitasi UMKM gunakan pemasaran digital
Thursday, 26 November 2020 19:55
Indonesia in the Philippines agree to enhance trade and investment
Tuesday, 2 April 2019 20:47
Construction of new Buleleng airport to start in 2020
Monday, 31 Desember 2018 8:03
BPD Bali genjot penyaluran KUR Rp1 triliun
Wednesday, 12 Desember 2018 16:26
Direct flights to attract more Russian Tourists to Indonesia: Ambassador
Monday, 29 Oktober 2018 15:11
Bio Farma expands exports of vaccines to African Markets
Monday, 15 Oktober 2018 20:02
Telkom introduces PalapaONE apps to support Indonesia Pavilion
Thursday, 11 Oktober 2018 12:42