Govt Announces New Economic Policy Package

Desi Angriani    •    31 Agustus 2017 12:22 WIB
economic policy package
Govt Announces New Economic Policy Package
Coordinating Minister for Economic Affairs Darmin Nasution (Photo: MI/Panca Syurkani)

Metrotvnews.com, Jakarta: The government announced the 16th economic policy package at the Indonesia Stock Exchange Building in Senayan, South Jakarta on Thursday, August 31, 2017.

The new economic policy pacage is aimed to improve good governance. It is expected to boost ease of doing business.

"The policy will tackle bureaucratic challenges in connection with business permits,"Coordinating Minister for Economic Affairs Darmin Nasution said.

"The policy will use the latest technology to implement the single submission system," he added.

Indonesia's foreign direct investment 'realization to commitment' ratio was 27.5 percent in 2010-2016. The country's domestic investment 'realization to commitment' ratio was 31.8 percent in the same period.


(WAH)