Draft Bill on Job Creation

During his second term of office, President Joko Widodo is continuing to focus on the development of the country’s infrastructure and the simplification of Indonesia’s statutory regulations (deregulation) in an effort to encourage investment and ultimately improve Indonesia’s overall economic condition.[1] Ultimately, this process of deregulation has culminated in the formulation of a new omnibus law, which is being introduced in order to replace several already existing laws and consolidate them under a single legal framework.[2] The omnibus law has become one of the most wide-ranging and closely watched policies of the current administration.

Currently, deliberations of the omnibus law are specifically focusing on the employment and taxation sector, with other possible sectors to follow suit in the future. The most recent development in terms of the omnibus law is the issuance of the Draft Bill on Job Creation......