REPUBLIKA.CO.ID, JAKARTA -- The Indonesian government will come up with a third package of economic policies this week in anticipation of the impact of economic slowdown and to make businesses more investor-friendly.

This was announced by Cabinet Secretary Pramono Anung.

At a press conference following a limited cabinet meeting presided over by President Joko Widodo here on Monday, Pramono said the government is discussing a package of policies as an anticipatory measure to meet the impact of the global economic slowdown.

"The government is also seeking ways to make the business world more friendly for investors and also to protect domestic businesses. Issues such as smallholders' credit was also discussed," he said.

He said the President has asked his ministers to promote efficiency in their respective sectors.

"On Thursday, we will announce licensing facilities in land and agrarian sector," he said.

He said licensing in the sector has so far been very complicated and therefore, it would be simplified and made easier.

He hoped the licensing process relating to land and agrarian sector would be significantly simplified.

In the near future, Pramono said, the President would also ask for bringing together regional leaders, including governors, district heads and city mayors, to send a positive signal regarding a fundamental change in licensing procedures.

The cabinet meeting also discussed changes in the macro assumptions in the national budget which will be discussed with the House of Representatives on October 16.

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