Indonesia jobs law ruling could dim investment outlook: experts


File picture of workers protesting against the omnibus law on job creation, in Banda Aceh on Nov 17, 2021. - AFP

JAKARTA (Reuters): A court ruling in Indonesia against a new jobs creation law could dim its investment outlook, experts said on Friday (Nov 26), in a potential blow to President Joko Widodo's drive to boost investment and reduce the economy's reliance on consumption.

The Constitutional Court on Thursday ordered the government to amend the legislation within two years, citing procedural flaws in its handling. The government said it will comply.

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Indonesia , economy , law , jobs , court

   

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