Government Efforts to Increase MSME Sales in Indonesia

Florencia Lianggono

No 6ugty_v1, OSF Preprints from Center for Open Science

Abstract: When the Covid-19 pandemic in Indonesia, Indonesia’s economy experienced a very drastic decline. The government is also preparing a strategy to save micro, small, and medium enterprises (MSMEs) by providing social assistance, tax incentives, relaxation, and credit restructuring, to expand financing. Many efforts to develop and empower MSMEs have been carried out by the Central Government, Provinces, Districts, and Cities, including state-owned enterprises and regional-owned enterprises. The government has prepared a budget of Rp 28 trillion to help business capital to 12 million small and ultra micro entrepreneurs by 2020. The purpose of government assistance is to increase people's purchasing power, reduce poverty and unemployment.

Date: 2021-06-03
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Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:6ugty_v1

DOI: 10.31219/osf.io/6ugty_v1

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