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…
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