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The National Economic Council (Indonesian: Dewan Ekonomi Nasional) is an Indonesian government economic advisory council that advises the President on strategic economic policy formulation and recommendation. [1]
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's House of Representatives, with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for business permits ...
The National Economics Council (Indonesian: Dewan Ekonomi Nasional) is an Indonesian government economic advisory council that advises the President on strategic economic policy formulation and recommendation. [1]
Long before that, the government had also provided Viability Gap Fund funding facilities or feasibility support funds through Minister of Finance Decree No 223/PMK.011/2012 concerning Providing Feasibility Support for Part of Construction Costs in Government Collaboration Projects with Business Entities in Providing Infrastructure.
Based on Presidential Decree No. 144/2024, [2] the Coordinating Ministry for Human Development and Cultural Affairs is organized into the following: Office of the Coordinating Minister for Human Development and Cultural Affairs
The development of state-owned enterprises was on Direktorat Persero dan Pengelolaan Keuangan Perusahaan Negara, which was the Second Echelon Unit in Department of Finance. This unit was also called Direktorat Persero dan Badan Usaha Negara and Direktorat Pembinaan BUMN.
The main responsibilities of the ministry are the formulation, determination and implementation of policies related to political and general governance; regional autonomy; development of regional and village administration and matters of governance; regional development and finance as well as demographics and civil records. it also reviews laws passed by provincial legislatures.
The year was defined by the invasion of Ukraine in late February, which greatly affected the country's economy and sparked surges in prices of multiple commodities. The invasion also contributed to the cooking oil crisis that swept through the country from April to May and prompted the government to raise the prices of fuel, causing protests from the public.