Govt Proposes Repealing Perppu on Financial Safety Net
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Jumat, 26 Juni 2015 14:50 WIB
TEMPO.CO, Jakarta - Finance Minister Bambang Brodjonegoro today officially filed for the revocation of Government Regulation in Lieu of (Perppu) Law No. 4/2008 on the Financial System Safety Net (JPSK). This submission, he said is aimed at providing a legal certainty in drafting the JPSK Act.
This Perppu revocation proposal will be discussed in a meeting between the House of Representatives' Finance Commission and the Ministry of Finance. If at the Commission approves, the revocation will be ratified by the DPR's plenary session.
Bambang said that the JPSK bill had finished being drafted. Although the Perppu revocation is still in process, Bambang said the bill the JPSK bill will be filed before the DPR's plenary session ends.
The financial safety net bill was proposed in the previous administration. At the end of the DPR's 2009-2014 plenary session, discussion about the bill was halted as the House wanted the Perppu repealed first.
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