The World Bank on Thursday criticised some of Indonesia's planned reforms to make environmental and labour rules more business friendly, warning they could have adverse effects, especially amid the COVID-19 pandemic.
JAKARTA - The World Bank on Thursday criticised some of Indonesia’s planned reforms to make environmental and labour rules more business friendly, warning they could have adverse effects, especially amid the COVID-19 pandemic.
Thursday’s release of a report by the bank coincided with trade union protests in several cities seeking cancellation of an “omnibus bill” that aims to revise dozens of existing laws to ease the way for investment in Southeast Asia’s largest economy. However, “the bill includes reforms that could have adverse effects on people’s health and safety, natural assets, and labor rights,” the multilateral lender wrote in the report.
“It’s going to move Indonesia’s environmental legislation further away from international best practice and this is not basically helping Indonesia,” she said.
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