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House Passes Bill on Public-Housing Savings

As part of Indonesia’s 2016 National Legislation Program, the House of Representatives passed the Bill on Public-Housing Savings (“Bill”) on 23 February 2016. [1] In essence, the Bill aims to provide a legal framework for the organization of a housing-savings program for medium- to low-income workers who are looking to obtain affordable housing. [2] With this end in mind, the Bill regulates a number of broad topics covering public-housing savings, including:

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