The forum also marks an important moment to strengthen bilateral cooperation between Indonesia and the UK in expanding evidence-based policymaking and sharing experiences in implementing GRP.
Such collaboration is expected to enhance the institutional capacity of the Indonesian government in evaluating policy impacts and foster a more transparent, participatory, and accountable regulatory process, an official release from the UK Mission to the association of Southeast Asian Nations (ASEAN) said.
Indonesia’s economy remains resilient, with growth hovering around 5 per cent despite global challenges. This growth is supported by robust domestic consumption, rising exports, and increasing investment.
To maintain this momentum, the Indonesian government is strengthening adaptive policies through regulatory governance reforms by implementing RIA as part of GRP. The initiative aims at ensuring that every regulation is drafted efficiently, evidence-based and delivers positive impact on the economy, society and the environment.
The ASEAN–UK Economic Integration Programme encompasses various activities focused on three key areas: regulatory reform, promotion of open trade, and development of inclusive financial services.
Additionally, the programme places cross-sectoral emphasis on digitalisation as a key driver of economic growth and supports micro, small, and medium enterprises (MSMEs) and women entrepreneurs.
ALCHEMPro News Desk (DS)
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