JAKARTA (The Jakarta Post/ANN): Indonesia plans to relax restrictions on importing goods as one of its fiscal measures to combat the harmful economic effects of the Covid-19 coronavirus.
Finance Minister Sri Mulyani Indrawati said on Wednesday that the government plans to reduce the number of restricted import goods by up to 50 per cent to spur business activities that have been hurt by the Covid-19 pandemic. As many as 749 harmonised system codes are to be scrapped, she added.
The government is to also relax regulations related to the Food and Drug Monitoring Agency, Sri Mulyani said without revealing more details. Coordinating Economic Minister Airlangga Hartarto said the government also plans to integrate the online Indonesia National Single Window system using Inaportnet to make logistical systems more efficient. “We are still finalising it, ” he added.
“Indonesia isn't deeply integrated in the global supply chain, so it is still considerably fortunate compared to other countries, ” newly appointed ADB president Masatsugu Asakawa said.
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