JOKOWIS

ADMINISTRATION
ECONOMIC POLICY
PACKAGE
(II, VIII, XIV)

Jun-Kyu Hwang
Miftahul Ahyar Arrifai
Muhammad Fiqri Rihyawan
Rosi AB Rantung
Economy policy package II

01 02 03 04 05
Industrial Simplificati Administer Governmen Reducing
area on the the tax- t deposit
licensing forestry- related regulations interest tax
related permit #69 of
permit 2015.
Industrial area licensing

526 3
day hour
s s
Requirements:
Company deed
Investment worth of Rp 100 billion or
have at least 1000 workers
Cannot be represented
Simplification forestry-related
permit
14
permits
2-4 12-
year 15
s days
6 permits
Administer the tax-related permit
Tax
Tax
Holiday
Allowan
ce
25
DAY
S
Government regulations #69 of
2015Zone 2: Outside Java and
Papua (tax allowance LCF max
10 years, free import duty
3+1)

Zone 3: Papua (Tax

holiday 5-15 years, free
import duty 5+1)

Zone 1:
Java
Reducing deposit interest tax

Sustain DHE in domestic bank, normal tax at 20%

Economy policy
package VIII
Ministry and state
agency map have
standard scale of
1:50.000
Aviation industry
incentives
Building new oil
Ministry and state agency map
have standard scale of 1:50.000
There are overlapping of geospatial data in
all government agencies
Synchronization of each thematic
geospatial information
This standardization of geospatial data will
have one database and geoportal
To simplify land utilization permit
Aviation industry incentives

Free import duty of 21 spare parts

Assurance for aviation industry to
Maintenance, Repair, and Overhaul (MRO)
To accelerate the domestic aviation
industry
Building new oil
refinery
Reducing dependency to
import fuel
Supporting national energy
endurance
Reducing national trade deficit
Must use state-of-the-art
technology
Environment friendly
Prioritize domestic product
Reducing fuel price in
consumer level
Economy policy
package XIV
Focusing on domestic e-
commerce
Enable to create 1,000
new techno-preneurs
Business valuation
US$10 billion
e-commerce transaction
US$130 billion
 Funding
Soft loan for platform
developer
Grant for business
incubator companion
Universal obligation
fund for e-commerce
platformed small
industry
Angel investors
Seed capital
Crowd funding
Taxation

Tax deduction for local

investor in start-up
Simplify the permit of
start-up that annual
revenue under Rp4.8
billion
Equality treatment to all e-
commerce entrepreneurs
Consumer
protection
Government regulates
the online basis
transaction
Synchronization in
regulations
Government transaction
will use e-commerce
platform
Development of national
Human resources

e-commerce campaign
national incubator
program
e-commerce curricula in
school
e-commerce education
Logistic

logistic
utilization of national logistics system
strengthen domestic courier
development of data transfer of start-
up logistics
development of rural-to-urban logistics
Technical and Cyber
Security
development of broadband
network
framing the e-commerce
supervision
raising awareness of cyber
crime
establishing consumer
data security
evaluating e-commerce
SOURCE

http://www.bappenas.go.id/id/berita-dan-siaran-pers/paket-kebijakan-
ekonomi-jilid-2/
http://kemenpora.go.id/pdf/Siaran%20Pers%20-%20Paket%20Kebijakan
%20Ekonomi%20VIII.pdf
http://www.bappenas.go.id/id/berita-dan-siaran-pers/paket-kebijakan-
ekonomi-viii-satu-peta-nasional-kilang-minyak-dan-bea-masuk-suku-
cadang-pesawat/
https://finance.detik.com/market-research/3331622/mengintip-isi-paket-
kebijakan-ekonomi-jilid-14