10 million micro-businesses will be increased. The Ministry of Cooperatives and Small and Medium Enterprises (SMEs) targets to transform more than 10 million micro-enterprises into official sectors by 2024.
10 million micro-businesses will be increased. Meanwhile, as one of the ministry’s seven directions by 2024, including the birth of 3,500 technologies and information-based start-ups, the construction of 500 new cooperatives and an increase in the entrepreneurship rate to 4%.
Minister of Cooperatives and SMEs Teten Masduki explained that his faction will try to increase MSME contributors to gross domestic product (GDP) to 65%, increase cooperative contributors to GDP to 5.5% and increase MSME export contributors to 17.%.
10 million micro businesses will be increased by 2024. “Efforts to gain direction will not work without regulation, cooperation and collaboration between the center and the regions,” said Teten in a journalist broadcast received on Thursday (8/4).
In addition, Teten has decided on four ideas for the transformation of the Ministry of Cooperatives and Small and Medium Enterprises, namely the conversion of informal sector companies to official companies, transformation into supply chains, digital transformation, and modernization of cooperatives.
10 million micro businesses will be increased. “Hopefully this productive collaboration will provide a positive contribution to the economy,” said Teten. The current national entrepreneurship rate is only 3.47% and is below some ASEAN countries such as Singapore (8.76%), Thailand (4.26%) and Malaysia (4.74%).
The number of MSME residents is around 65,465,497 units, but their share in the national GDP is 60.51%. Of that number, 98.7% were micro businesses and the share of MSMEs in bank loans only reached 19.97%. In addition, the MSME contributors to exports are only 14.37%, lower than other countries, namely Singapore with 41%, Malaysia with 18%, Thailand with 29%, Japan with 25%, and China with 60%.
10 million micro-businesses will be increased and the number of active cooperatives is currently 127,124 units, but only contributes to GDP of 5.1%. The cooperative, which was wanted to be the basis of the economy, did not succeed in the end because it had not become an economic institution of choice for the citizens.
“Remember the role and role of KUMKM in the national economy, therefore it is necessary to increase work integration, harmony and collaboration between ministries or agencies and those in charge of cooperatives and MSMEs throughout Indonesia to drive development and further advance changes in cooperatives and MSMEs. , “said Teten.
At that time, the Secretary of the Ministry of Cooperatives and Small and Medium Enterprises, Arif Rahman Hakim said, his faction would be responsible for the implementation and plan of the 2022 and 2022 program following the functioning of Law No. 11 of 2022 regarding Job Creation and Government Provisions No. 7 of 2022 to be strengthened in about the convenience, protection and strengthening of cooperatives and SMEs.
Therefore, the Ministry of Cooperatives and Small and Medium Enterprises will carry out pilot programs or activities in 2022 and will continue focusing activities in 2022 on behalf of Government Provision Number 7 of 2022.
These activities include costs for cooperatives, mentoring and accompanying small businesses in terms of granting company permits and legal advice.
10 million micro-businesses will be increased. In addition, the use of public infrastructure is 30% for business improvement and promotion of MSMEs, implementing regulations for the provision of public service goods of 40% for MSMEs, and organizing a single MSME database,” he said. say.
