The Ministry of Finance is implementing strategic reforms to foster a more competitive and business-friendly environment in Indonesia. These include streamlining regulations, simplifying business permit procedures, and removing barriers that hinder growth. Director General for Economic and Fiscal Strategy Febrio Kacaribu announced that a Presidential Regulation is being prepared to establish the Priority Program Acceleration Team, led by Coordinating Minister for Economic Affairs Airlangga Hartarto and Finance Minister Purbaya Yudhi Sadewa. The team will focus on improving budget absorption and accelerating progress on key national development programs. To support regulatory efficiency, the government is promoting a “silence is consent” approach for permit issuance, setting clearer guidelines for domestic component levels (TKDN), and easing import rules for industrial raw materials. These efforts have already impacted the agricultural sector, with the removal of 145 fertilizer-related regulations enabling faster access for farmers. Starting January 1, 2025, fertilizers will be available for direct public purchase, a move expected to boost grain production in line with President Prabowo Subianto’s goals. The ministry, alongside tax and customs authorities, will continue engaging with businesses to identify and address regulatory obstacles.Source: https://en.antaranews.com/news/386073/indonesia-moves-to-cut-red-tape-attract-more-investors (ICE GIACARTA)

Fonte notizia: ANTARA NEWS, 14 October 2025