IMF: Indonesia's Job Creation law could impact environment


The omnibus Bill, passed into law on Oct 5, has sparked widespread public protests and labour strikes as it is considered to be undermining labour rights and weakening environmental protection. - Reuters

JAKARTA (The Jakarta Post/ANN): The International Monetary Fund (IMF) has raised concern over environmental protection -- or the lack thereof -- in the Job Creation Law, calling on the government to ensure sustainable growth.

While the new omnibus law would ease restrictions that had been identified as obstacles to job-creating investment and higher productivity, which could boost growth and reduce poverty, one concern related to environmental standards, said IMF mission chief for Indonesia Thomas Helbling.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Job Creation law , environment

   

Next In Aseanplus News

Power outage at Fukushima plant, water release suspended
Race to salvage property
Prabowo declared president-elect
North Korea sends officials to Iran
Rebel group withdraws troops from key town at Thai border
‘Modi using hate speech’
Govt to replace military-appointed Senate, reduce its powers
Suspect’s sneakers match footprints at crime scene
Prabowo calls for unity among political elites
Fresh crew for Tiangong

Others Also Read