Indonesia bets on 'omnibus laws' to fix investment climate

Indonesia bets on 'omnibus laws' to fix investment climate

Yahoo - World·2019-12-12 19:31

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JAKARTA (Reuters) - Indonesian President Joko Widodo is due to hand over to parliament soon so-called "omnibus laws" to replace dozens of overlapping measures in a bid to improve the investment climate and create jobs in Southeast Asia's biggest economy. Widodo's new approach comes as efforts to open up investment opportunities in his first term were often blunted by red tape and vested interests.

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