Despite Still Being Negative, Indonesia's Regulatory Quality Has Improved Over the Past 10 Years
- A Small
- A Medium
- A Bigger
The World Bank gave Indonesia a score of -0.07 for regulatory quality in 2018, a score that has steadily improved over the past 10 years. However, the score has remained negative since 1996, reaching its lowest point of -0.8 in 2003.
This index measures a government's ability to formulate regulations for the development of private sector businesses. The best possible score is 2.5, while the worst is -2.5.
This persistently poor score is one of the reasons the government initiated the *omnibus law* on Job Creation, which was passed by the House of Representatives (DPR) on Monday, October 5th.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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