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View all search resultsThe omnibus bill on job creation would amend 73 laws and consists of 15 chapters and 174 articles. The government and businesspeople consider Indonesia to be over-regulated with a total of 43,511 central government regulations as well as ministerial-, agency- and regional-level rules.
Many believe the high inflation rate could scare off investors, as inflation erodes the value of investment returns over time, prompting investors to shift their money to markets with lower inflation rates.
According to the Bank’s World Development Report 2020, some countries weaken social and environmental safeguards to attract foreign direct investment (FDI) but thereby reduce their role in global value chains (GVCs).
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