Omnibus Draft Bills to be Submitted to the House of Representatives
Following the discourse of the upcoming omnibus law, the government recently announced that it will submit omnibus draft bills on job creation (“Omnibus Law on Job Creation”) and taxation (“Omnibus Law on Taxation”) to the House of Representatives soon.
Omnibus law has become an emerging issue ever since it was mentioned during the President’s inauguration speech on 20 October 2019. The government claims that the omnibus laws are aimed to strengthen the national economy through the improvement of Indonesia's investment climate and competitiveness.
Written by Vincent Ariesta Lie, Hilda Leswara, and Nadira, read about the benefits that may be gained from its implementation by clicking the button below.