Indonesian Political, Business & Finance News

Govt moves against high-cost economy

| Source: JP

Govt moves against high-cost economy

TANGERANG: To facilitate business growth in the regency, the
local council revoked on Saturday Bylaw No. 14/2004 on permits
for freight unloading and loading.

Achmad Kurtubi Su'ud, the head of the council's Commission C
for legal affairs, said the decision was in line with the central
government's policy to eliminate bylaws that result in a high-
cost economy.

"The bylaw only caused corruption; it was regarded as
burdensome by businesspeople and the public," he said.

The council is now considering whether to revoke other similar
regulations.

Freight unloading and loading permits were required by truck
owners, who obtained the permits from the regency transportation
agency.

According to Regent Ismet Iskandar, the revocation of the
bylaw would cause the regency to lose Rp 408 million in annual
revenue.

"But no problem. We must follow the central government's
policy as long as it is for a good purpose." -- JP

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