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Reuters
Reuters
Business
By Stefanno Sulaiman

Factbox-Indonesian parliament passes decree to replace 2020 jobs law

Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto attends a photo session with House Speaker Puan Maharani after delivering his remarks on the new job and investment law, during the parliamentary plenary meeting, in Jakarta, Indonesia, March 21, 2023. REUTERS/Ajeng Dinar Ulfiana

Indonesia's parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures championed by President Joko Widodo to spur business sentiment in Southeast Asia's largest economy.

The decree was tabled in December 2022 to replace an almost identical 2020 law that the Constitutional Court ruled was flawed due to inadequate public consultation.

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