Indonesia Passes Agrarian Reform Law, Establishes New Land Oversight Body
What happened
Indonesia passed the Agrarian Reform Law, establishing a new body to oversee land reform and settle related conflicts. This body is placed directly under President Prabowo Subianto. Nusron Wahid, Agrarian Affairs and Spatial Planning Minister, stated that the government will prepare rules setting minimum and maximum land ownership limits and governing the transfer of state property.
From businesstimes.com.sg
Why it matters
The new oversight body is designed to address persistent competition over land between the state, companies, and communities. This competition has previously led to legal disputes and business disruptions in Indonesia.
Prabowo led the Indonesian administration and addressed cabinet members in Jakarta.
From businesstimes.com.sg
Who's involved
- Prabowo SubiantoPresident of the Republic of Indonesia, under whose administration the new body operates
- IndonesiaThe nation where the Agrarian Reform Law was passed
- Nusron WahidAgrarian Affairs and Spatial Planning Minister, tasked with preparing the new body's rules
- Iman SukriLawmaker who spoke during the plenary hearing where the Agrarian Reform Law was passed
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The entities involved
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Prabowo Subianto
President of the Republic of Indonesia
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Indonesia
island country in Southeast Asia and Oceania
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Nusron Wahid
Indonesian politician
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