Jakarta, July 4 -- Deregulation is crucial for accelerating national investment and economic growth, according to Indonesian Finance Minister Sri Mulyani Indrawati.

Indrawati made the statement during a working meeting with Commission XI of the Indonesian House of Representatives in Jakarta, on Thursday, in response to the trend of slowing national investment in the first quarter of 2025.

The minister outlined several main areas of focus for deregulation, including accelerating the licensing process down to the regional government level, simplifying the import process for domestic industries, and supporting strategic investment by relaxing the domestic component level (TKDN).

In addition, the Indonesian government continues to optimize...