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Jakarta Post

Major overhaul to ease business

  • Esther Samboh

    The Jakarta Post

Jakarta   /   Fri, April 29 2016   /  09:02 am

A former furniture businessman, President Joko “Jokowi” Widodo knows first hand how complicated it is to set up a business in Indonesia — starting up can take months through the dozens of costly procedures.

Hence, the government is scrapping many procedures and saving both time and money to start a business in its 12th economic stimulus package that centers on the nation’s ease of doing business.

Beyond that, by July this year, the President has also pledged to scrap 3,000 regional government regulations (Perda) that have made it much more complicated for businesses to set up and operate.

The mission is ambitious. Jokowi, who is a former Surakarta mayor, wants Indonesia to rank at least 40th among 189 economies surveyed in the 2017 World Bank’s Doing Business report, a significant jump from 109th in 2016 and 120th in 2015.

“We want all business se...