Indonesia Urges G20 Nations to Reduce Business and Investment Barriers
Indonesia is urging G20 member nations to strengthen pro-growth reforms by reducing various barriers to business activities and investment.
This push was conveyed by Deputy Finance Minister Juda Agung, representing the Minister of Finance, during the second G20 Finance Ministers and Central Bank Governors Meeting (FMCBG) held in Asheville, North Carolina, USA, from 31 August to 1 September 2026.
During the meeting, Juda emphasised the importance of growth-oriented reforms. “Pro-growth reforms need to be directed towards reducing barriers to business and investment activities, strengthening international cooperation, and encouraging innovation and the use of technology as new sources of growth,” Juda stated in his remarks on Wednesday (2/9).
Indonesia, he continued, is also sharing its experience in simplifying regulations to create a more conducive business climate. The government has also strengthened the financial sector through the Law on the Development and Strengthening of the Financial Sector (UU P2S K).
Furthermore, Indonesia continues to promote structural transformation through the downstreaming of natural resources and the development of high-value-added industries.
The G20 has noted several risks still shadowing global growth prospects, ranging from geopolitical conflicts, trade tensions, and supply chain disruptions to high debt levels and increasing policy uncertainty.
On the other hand, investment and innovation in the field of artificial intelligence (AI) are considered to support economic growth. However, the benefits of these developments have not yet been felt equally across all countries.
Juda stated that structural reforms and the use of technology need to be directed towards creating new sources of growth. In this context, Indonesia also believes that the use of AI and new technologies can serve as accelerators for growth and productivity. However, the utilisation of such technology must be supported by basic infrastructure, human resources, and an adequate digital ecosystem.
In addition to the government, the G20 also emphasised the importance of the private sector’s role in driving investment, innovation, job creation, and productivity enhancement. Indonesia considers private sector involvement essential so that the reform and growth agenda can be translated into increased investment, productivity, job creation, and public welfare.