Indonesia’s Finance Minister Purbaya Yudhi Sadewa reaffirmed the government’s commitment to creating a conducive investment climate to support the national economic growth target of 8% by 2029 during an international seminar in Jakarta (12/05).

The government is implementing a practical debottlenecking approach to solve investment barriers and increase private sector participation, which contributes around 90% of Indonesia’s economic activity.

Government Forms Special Task Force to Resolve Investment Barriers

The government has strengthened the initiative through Presidential Decree No. 4 of 2026, which established the Task Force for Accelerating Government Programs to Support Economic Growth Improvement (Satgas P3-MPPE).

The task force focuses on accelerating economic policy packages, investment debottlenecking, and licensing processes. It is chaired by the Coordinating Minister for Economic Affairs, while the Finance Minister serves as one of the deputy chairpersons.

“We conduct weekly hearings based on reports from business players facing obstacles. This approach is faster and delivers better results because we are handling real problems,” said Finance Minister Purbaya.

Task Force Resolves Dozens of Investment Cases

According to the Finance Minister, the task force has received 142 complaints through official reporting channels. A total of 83 cases have been discussed in hearings that are open to the public and media to ensure transparency.

The government stated that 45 cases have been fully resolved. During the last six months, the task force secured investment value estimated between USD 25 billion and USD 30 billion.

The government also provides a dedicated reporting website to help investors submit complaints related to business obstacles.

Fiscal Support Targets Textile and Electric Vehicle Industries

The Finance Ministry said fiscal instruments will be optimized to support structural reforms in several sectors.

One of the government’s priorities is revitalizing the textile industry through affordable liquidity support from Eximbank to modernize machinery and improve competitiveness.

The government is also preparing industrial policies that include incentives for electric vehicle industries using nickel-based batteries.

In addition, the government is promoting downstream industries through export taxes on raw materials and incentives for crude palm oil derivative products to increase domestic added value.

Government Promises Fast Response to Investor Complaints

The Finance Minister emphasized that the task force has cross-ministerial authority to intervene if business processes are delayed at certain institutions.

“If you face problems in running your business, report them to us. We will ensure those obstacles are removed as quickly as possible,” the minister said before ambassadors and international business associations.

PHOTO: MINISTRY OF FINANCE

This article was created with AI assistance.

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