2022 State Budget: Fiscal Policy and Structural Reform
The Job Creation Law Encourages Employment and Facilitates New
Business Opening While Recovering the Post-Pandemic Economy
The Job Creation Law is an effort to reform regulations that can make it easier to do business to increase investment and productivity, as well as an
effort to get Indonesia out of the middle-income trap
HI
Through the Omnibus Law method, 79 laws
were revised and simplified
The Job Creation Act (Act Number 11 of 2020 on Job Creation)
186 Articles dan 15 Chapters
51 Implementing Regulations
The government continues to operate The
Job Creation Law in all sectors, both in the
central and regions, which include:
1. INA Operations
2. Special Economic Zone (SEZ)
Clasters in the Job Creation Law
1. Improving the Investment Ecosystem and Business Activities
2. Employment
3. Ease, Protection, and Empowerment of Cooperatives and SMEs
4. Ease of Business
5. Research and Innovation Support
6. Land Procurement
7.
Economic Zone
8. Central Government Investment and Acceleration of National
Strategic Projects
9. Implementation of Government Administration
10. Imposition of Sanctions
3. MSME and Cooperative Protection
and Empowerment
4. Ease of doing business in the tax
sector
5. Implementation of Online Single
Submission
6. Employment
Source: Coordinating Ministry for Economic Affairs
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