JAKARTA - Indonesia moved a step closer to passing President Joko Widodo's contentious"Job Creation" Bill after Parliament's legislation committee and government ministers on Saturday approved the latest version for a vote next week.
The so-called"omnibus" Bill, aimed at revising over 70 existing laws in a single vote, is the President's flagship measure to speed up the pace of economic reform and improve the country's investment climate. In a hearing late on Saturday, representatives from seven out of nine factions in the legislation committee approved the Bill to be brought to a parliamentary vote, while two factions rejected.
"This Bill will support de-bureaucratisation and efficiency," Airlangga said in the televised hearing.
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