The World Bank Has Reminded Indonesia Of The Bad Impact Of The Omnibus Law
JAKARTA - The World Bank has not only described the positive impact of the Omnibus Law in Indonesia. This report entitled in 'Long Road to Economic Recovery' which was released last July.
In this report, this world institution apparently gave a view regarding the negative impact of the Omnibus Law on Cipta Kerja.
"This bill also proposes reforms that could have devastating consequences. Especially in the current economic environment," wrote the World Bank in its report.
For example, the proposals in this bill concerning relaxation of requirements for environmental protection. And this law would destroy a wealth of natural resources. Which are essential for the livelihoods of many people and could have a negative impact on investment.
"However, the cause of the delay and uncertainty i...