Indonesian Political, Business & Finance News

Government Prepares to Cut Regulations Hindering Investment - Metro TV

| | Source: METROTVNEWS.COM Translated from Indonesian | Regulation

President of the Republic of Indonesia, Prabowo Subianto, has instructed the Minister of Investment and Downstreaming/Head of BKPM, Rosan Roeslani, to slash several regulations deemed to hinder investment inflows into the country. This step is taken to accelerate policy execution and ensure Indonesia has a competitive business climate on the global stage. Rosan Roeslani explained that the government will conduct a benchmarking process or comparison of regulations with countries in the ASEAN region and adjust them to align with standards from the Organization for Economic Cooperation and Development (OECD). This adjustment aims to make Indonesia an increasingly investor-friendly nation capable of competing healthily with advanced countries. “Pertek (Technical Approval) must also be evaluated. The President said, if it hinders, it doesn’t need to exist. So it must continue to be improved,” Rosan stated after meeting the President at the State Palace on Tuesday, 21 April 2026. The President also stressed the importance of investment direction that is not only large in nominal value but also capable of creating quality job opportunities for the public, and emphasised the acceleration of investment policy execution so as not to be hampered by regulations that have so far been considered convoluted.

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