The hard work of the Government under the coordination of the Coordinating Ministry for Economic Affairs along with Indonesia Investment Coordinating Board (BKPM) in improving the ranking of the ease of doing aka Ease Of Doing Business (EODB) resulted in good results . Referring to the World Bank's EODB 2018 survey, Indonesia now ranked 72, experienced a very significant improvement goes up 19 ranks compared the position of 2017. That is, in the last two years the position of Indonesia has climbed 34 ratings.
Before 2017, rating EODB Indonesia was in the range of 116-129. In the report Doing Business 2018 entitled 'Reforming to Create Jobs', the World Bank noted Indonesia as one of the top reformer countries in Asia who did repairs 'ease of doing' by reforming the 7 indicators, namely starting a business, getting electricity, registering property, getting credit, paying taxes, tacross border trading and enforcing contracts.
The World Bank assesses Indonesia has achieved significant progress in some areas measured by Doing Business. With the 39 indicators adopted reform Doing Business for 15 years, Indonesia is one of top reformer in Asia.
The reforms have been conducted in Jakarta and Surabaya, two cities measured by the World Bank's report, there are a number of significant improvements. The cost of starting business made lower by from the previous 19.4 per cent to 10.9 per cent of per capita income. Now, to start a new business in Jakarta it takes 22 days, compared to 181 days in report Doing Business 2004.
Then, the cost of getting electricity connection is made cheaper by reducing the cost of connection and certification of internal wiring. The cost to get the electric connection is now 276 percent of per capita income, down from 357 percent per capita income.
In Jakarta, with the processing of requests for new connections, electricity is also more accessible. Get access to credit also improved with the establishment of new credit bureau.
Cross-country trade is facilitated by improving the system of electronic billing to taxes, customs duties and income tax. As a result, the time to acquire, prepare, process, and transmit the documents when importing down from 133 hours to 119 hours.
Registration of property made cheaper with the transfer tax reduction, thereby reducing the overall cost of 10.8 per cent to 8.3 per cent of the property value. Furthermore, the rights of minority shareholders reinforced with an increase in rights, increasing their role in company decisions, and increase the transparency of the company.
The head of the Indonesia Investment Coordinating Board, Thomas Lembong posited, "President of Joko Widodo on many occasions reminded the importance to continue to make improvements and ease of a trying endeavour included in the package of economic policy XII makes the various parties involved are working hard to realize this."
The economic policy package Vol I - XVI aimed for elimination of obstacles deregulated by simplifying procedures, the acceleration of time service licensing and cost reduction as well as through the establishment of One-Door Integrated Service (PTSP) and licensing services through electronic systems (online) as well as law enforcement and business certainty. All this to be an effective instrument in encouraging the increase ranked doing business.
