Gov't Plans to Roll Out Another Policy Package to Attract Investors
Jakarta. The Indonesian government plans to release another policy package at the end of this year in a bid to attract much-needed investment.
"I will complete the 15th policy package and consider whether to launch it at the end of this year or early next year," Chief Economic Minister Darmin Nasution said during a seminar in Jakarta on Monday (19/12).
"The package is rather unique [...] it's meant to attract investment from both inside and outside the country," he added.
Darmin did not reveal the focus of the upcoming policy package, but said it will not include any tax-related regulations, which have been requested by many businesses, because this will be regulated under a ministerial regulation.
Speaking during the economic prospects seminar, Darmin said the government is currently trying to keep up with the latest developments in the business sector.
"We have formed a task force at the Coordinating Ministry for Economic Affairs [...] with 99 percent of the regulations [as promised in the policy packages] having been released, but the problem remains in the dissemination process," he said.
Darmin referred to a special task force launched in June that is responsible for expediting the deregulation process as promised in the policy packages.
The government has released 14 policy packages since September last year. The most recent package offers funding alternatives and tax incentives mainly for companies working in digital and creative industries.
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