BKPM Expects Passage of Omnibus Law in October to Curb Illegal Levy

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Petir Garda Bhwana

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  • Bahlil Lahadalia (center), the chairman of the Investment Coordinating Board (BKPM), visits the construction site of a Hyundai plant amid the COVID-19 pandemic. TEMPO

    Bahlil Lahadalia (center), the chairman of the Investment Coordinating Board (BKPM), visits the construction site of a Hyundai plant amid the COVID-19 pandemic. TEMPO

    TEMPO.CO, JakartaThe Investment Coordinating Board (BKPM) Head Bahlil Lahadalia expected the draft of omnibus law on job creation (RUU Cipta Kerja) to be ratified by the House of Representatives or DPR in October.

    “We hope it is set in early October, that will be much better,” said Bahlil in a virtual conference on Tuesday, September 8, 2020.

    Bahlil explained the bill that promises ease of licensing process and requirements of investment could minimize the potential of the illegal levy, which often occurred in several institutions.

    He admitted that such wrong practice could not be diminished as it had existed since the Dutch colonial era. However, the omnibus law could curb the possibility.

    Thus, Bahlil urged the bill to be ratified immediately as Indonesia was facing a spike in the unemployment rate due to the Covid-19 pandemic. According to him, 16.5 million people would likely be unemployed.

    The figure consisted of seven million existing unemployed people, nearly seven million workers were laid off, and 2.5 million others were looking for a job, as referred to the data per year.

    To provide job opportunities, Bahlil said the government could not appoint all 16.5 million people as civil servants. He argued one thing that could help was an investment. “We cannot talk about job opportunities if there is no investment,” he said.

    Read also: Omnibus Law will Boost Speed of Work and Innovation, Says Jokowi

    FRANCISCA CHRISTY ROSANA