Overview

Within the pages of the World Bank’s Doing Business 2020 report (“2020 DB Report”)[1], which was officially published on 24 October 2019,[2] Indonesia’s ranking on the 2020 Ease of Doing Business (“EoDB”) index remained stagnant at 73^rd position out of a total of 190 countries.[3] Indeed, this position actually represented a decline of one place from 72^nd to 73^rd in the wake of the regular improvements which were posted between 2014 and 2018.[4] Nevertheless, President Joko Widodo recently set an ambitious target of elevating the country’s ranking to between 40^th and 50^th position on the 2021 EoDB index.[5]