Ida Fauziyah: Job Creation Law Will Overcome Investment Barriers
In the midst of the COVID-19 pandemic, the government and the House of Representatives have accelerated deliberation of the Job Creation Law.
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Manpower Minister Ida Fauziyah
In the midst of the COVID-19 pandemic, the government and the House of Representatives have accelerated deliberation of the Job Creation Law. After a week of confusion, on Thursday (15/10/2020), the final draft of the bill, which consists of 812 pages, was finally submitted to President Joko “Jokowi” Widodo.
Despite criticism and rejection from various parts of society, the government believes that the Job Creation Law will be able to effectively reform the Indonesian economy. Investment is projected to increase 6.6 to 7 percent and create 2.7 million to 3 million new jobs a year. Currently, about 2 million jobs are created each year.