Indonesia is among the economies with high restriction on foreign direct investment (FDI). The country is ranked at 44 out of 69 economies listed in the FDI Regulatory Restrictiveness Index 2018. Following this, the new government initiative known as omnibus bill on job creation seems having its ground. The bill is intended to boost investments, both domestic and foreign, in order to accelerate economic growth. Amid the COVID-19 pandemic, The House of Representatives Legislation Body (Baleg DPR-RI) and the government recently have decided to continue the deliberation of the bill.
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