August 31, 2021, 06.15 PM

Teten said that if the economy could recover completely soon, he hoped that the domestic consumption sector would continue to grow. The Indonesian economy is supported by household consumption of up to 53 percent. With the gradual easing of the Covid-19 restrictions, the minister is optimistic that economic activity will soon grow.

“We continue to create programs that can support MSMEs to survive and also prepare for the transformation of MSMEs after the Covid-19 pandemic,” he said.

He argued that survival strategy is one of the ways that SMEs can do while dealing with the impact of the Covid-19 pandemic. Therefore, the government continues to carry out the national economic recovery strategy by implementing various policies to accommodate MSMEs. This includes working capital aid for micro-enterprises (BPUM).

“Our current strategy is how to survive first. People’s purchasing power is down, while the people prioritize basic needs. MSMEs is in the survival period,” Teten said.

(Writer: Elsa Catriana | Editor: Erlangga Djumena)

Source: https://money.kompas.com/read/2021/08/30/111000226/menkop-ukm--permintaan-ekspor-produk-umkm-tinggi-tetapi-?page=all#page2.

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