The Omnibus Law for the People
"We must simplify all regulatory problems. We must cut them down and streamline them," said President Joko Widodo in his inauguration speech at a People’s Consultative Assembly (MPR) plenary session on Oct. 20, 2019.
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President Joko Widodo (second left) and Vice President Ma’ruf Amin prepare to head a limited meeting on 15 Jan. 2020 to discuss the omnibus bill on job creation and the omnibus bill on taxation at the Presidential Office in Jakarta.
In his speech, President Jokowi unveiled the plan to issue omnibus laws to harmonize a number of overlapping laws so that they would no longer hamper the decision-making process in this fast-changing era. Since then, the omnibus law has been widely discussed.
There are three bills currently being prepared using the concept of the omnibus law, namely the bill on job creation, the bill on taxation provisions and facilities and the bill on new capital.