Improving Investment Climate
Following Indonesia’s economic resilience during and after the global financial crisis, the government are going to continue reforming investment climate to make a safe and attractive investment destination. The Job Creation Law was passed and signed into law in October 2020, and reform labour, taxes, and other important laws in order to reduce bureaucracy and stimulate investment in a post-pandemic economy. Under the Job Creation Law, 79 laws have been revised through one law governing various sectors. This law consists of 15 chapters and 186 articles in which it regulates 11 clusters from employment to environment.
