Indonesian Political, Business & Finance News

Finance Ministry Allocates New Budget for OSS System Improvements

| | Source: NASIONAL.KONTAN.CO.ID Translated from Indonesian | Regulation
Finance Ministry Allocates New Budget for OSS System Improvements
Image: NASIONAL.KONTAN.CO.ID

JAKARTA. The Ministry of Finance (Kemenkeu) has begun disbursing additional funding to improve and strengthen the digital business licensing system through the Online Single Submission (OSS). This step is intended to accelerate the licensing process while enhancing certainty for business actors investing in Indonesia. Minister of Investment and Downstreaming/Head of BKPM, Rosan Roeslani, stated that the budget was only recently approved after being submitted for nearly a year. The funds will be used to bolster the OSS system, which must now be fully integrated with various ministries and agencies. This integration requires the OSS system to automatically connect with around 18 ministries and agencies involved in the business licensing process. “We must admit that our OSS system experienced some constraints in the past few months, partly because we wanted to upgrade the OSS system with Government Regulation No. 28, enabling full automatic integration with the other 18 ministries,” said Rosan during a meeting with Commission XII of the DPR RI on Monday (13/4/2026). With this technology, the licensing process is expected to run more quickly while minimising potential negative practices in services. Additionally, the digitalisation of the system is hoped to reduce face-to-face meetings between business actors and licensing officials.

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