Indonesia Seeks to Jump-Start Economy with Massive Regulatory Reform

But critics abound over secrecy, breadth of proposed legislation

By: Ainur Rohmah

Indonesian President Joko Widodo’s government may have bitten off more than it can chew in its effort to simplify regulations to attract foreign investment via two so-called omnibus bills in the house of representatives that critics charge are too complicated, opaque, too pro-business and too hasty.

Nonetheless, in a dramatic turnaround t…