JAKARTA - The business world welcomes and appreciates the government and the House of Representatives (DPR) for ratifying the Job Creation Bill (RUU) into law (UU) through the DPR Plenary Meeting, Monday, October 5, because it will boost the economy. and investment .
Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin) Rosan P. Roeslani said the Job Creation Law was expected to boost the economy and investment through the creation and expansion of employment opportunities.
"The law is able to answer and resolve various problems that hinder investment in increasing and opening up jobs, through simplification of the bureaucracy and licensing systems, convenience for business actors, especially MSMEs, a conducive investment ecosystem, to create greater employment opportunities to answer the needs of a growing workforce. continues to increase, "said Rosan as quoted by Antara , Tuesday, October 6.
Rosan said the COVID-19 pandemic had a broad impact not only on health, but also on the economy, including the provision of jobs.
Currently, many people lose their jobs or many workers work part time. It is hoped that with the amount of investment that comes in, employment opportunities will be more open and wider.
"The COVID-19 pandemic has a very significant impact on the economy and the business world. The Job Creation Bill is important and necessary to support economic growth through economic recovery and transformation programs," he said.
According to Rosan, the dynamics of global economic change require a quick and precise response. Without structural reforms, economic growth will continue to slow down.
"Job creation must be done, namely by encouraging an increase in investment by 6.6-7 percent to build new businesses or develop existing businesses, which in turn will encourage increased consumption in the range of 5.4-5.6 percent," he added.
Rosan also assessed that the ratification of the Job Creation Law could support the empowerment program for MSMEs and cooperatives to increase the contribution of MSMEs to GDP to 65 percent and increase the contribution of cooperatives to GDP to 5.5 percent.
He added that if the Job Creation Law is implemented, it will increase Indonesia's competitiveness and encourage investment so that it will create more jobs for the community which will ultimately accelerate the recovery of the national economy.
In the Work Creation Bill, 79 laws and 1,203 articles were changed and simplified, until February 7, 2020, when the Coordinating Minister for the Economy Airlangga Hartarto submitted a Presidential Letter (surpres) and a draft of the Job Creation Bill to the Chairman of the DPR, Puan Maharani. The Work Creation Bill which was passed includes 15 chapters and 174 articles.
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