Regulation 142/2018 Revised, Ministry of Creative Economy Prepares Master Plan for 2045

The Ministry of Creative Economy/Creative Economy Agency (“Ministry/Agency”) will soon propose a draft revision of Regulation of the President No. 142 of 2018 (“Regulation 142/2018”) on the National Creative Economy Development Master Plan (“Master Plan”) for 2018-2025. Deputy for Creative Economy Strategic Development, Cecep Rukendi, said that the initiative permit for the Master Plan has already been submitted to President Prabowo Subianto.

“The Master Plan will expire in 2025. We have submitted an initiative permit to the President for the drafting of Regulation of the President on the Master Plan for the period of 2026 to 2045,” Cecep told Hukumonline.

In practice, the renewal or revision of Master Plan is necessary to align with the dynamics of the economy, technological advancements, and the evolving needs of creative economy stakeholders. “We are currently preparing the draft for discussion with relevant government agencies,” he concluded.