President orders comprehensive evaluation of all economic policy packages

10 May, 2016 | Source: Antara News

President Joko Widodo (Jokowi) has ordered a comprehensive evaluation of the 12 economic policy packages, issued since September last year.

All sides, particularly the business world, should be involved in such evaluation.

"The president has ordered immediate and comprehensive evaluation of all the economic policy packages by involving Kadin (the Indonesian chamber of commerce and industry), Hipmi (the Indonesian association of young entrepreneurs), business agents and regulators to identify obstacles in various matters," Cabinet Secretary Pramono Anung said in a press conference held after a limited meeting at the Presidential Office here on Monday evening.

Pramono said in order to implement the 12th economic policy package, the government will draft the terms of reference by learning from countries ranked from first to 30th in the ease of doing business index.

"The president wants Indonesias ease of doing business index to improve to reach 40 in 2016 from the current 109 rank," he said.

To improve the ease of doing business index, the government will set Jakarta and Surabaya as a model for other cities in the country, he said.

"If the two cities are successful, they will be a role model for the rest of the country," he said.

He said the president also wants all the deregulation packages to match the conditions in the field.

"The president is scheduled to directly inspect certain places in Jakarta and Surabaya," he said. (*)

 

The population of Komodo dragons in the Komodo National Park has reached 3,012 heads in 2017, according to Sudiyono, head of the park.
Indonesia has formally kicked off negotiations on a comprehensive economic partnership agreement with Turkey in an effort to increase exports.
Indonesia and Afghanistan have committed to boost partnership in improving capacities to maintain peace, while supporting the reconciliation process in the conflict-hit latter country, Foreign Affairs Minister Retno LP Marsudi said here on Tuesday.
The Indonesian government has imposed zero tariffs on the import of several goods from Palestine since early this year to support its economy, Foreign Minister Retno LP Marsudi said.
Indonesia`s Foreign Affairs Minister Retno LP Marsudi stated that economic cooperation should be prioritized in ASEAN and India relationship.
Indonesia`s foreign exchange reserves stood at US$130 billion as of December 31, 2017, up US$4.03 billion from US$125.97 billion a month earlier, according to Bank Indonesia (BI).
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu