Minister Teten: MSME's Perspective as an Economic Support Must be Changed

- 27 April 2022 12:37 WIB
Minister of Cooperatives and SMEs Teten Masduki
Minister of Cooperatives and SMEs Teten Masduki

JAKARTADAILY.ID  – Minister of Cooperatives and SMEs Teten Masduki said that currently Micro, small and medium enterprises (MSME) must start to show off and show that they have enormous economic potential.

This was said by Minister Tenten when opening the "Small and Medium Enterprises and Cooperatives" (SMESCO) 2022 short term-market or “Pasar Kaget” which was held in front of the SMESCO Indonesia Building, South Jakarta, Tuesday, April 25, 2022.

According to Minister Teten, 97% of employment comes from MSMEs. But access to MSME credit is only 20%. Meanwhile, large businesses that actually access credit by 80% only provide 3% of employment.

"The point of view of MSMEs as the economic support must change because MSMEs are not seen as the backbone of the economy. We have to change. Because by changing this point of view, access to finance, infrastructure, access to land, capital, and others will also change," Minister Teten was quoted as saying. from the kemenkopukm.go.id page, Wednesday, April 27 2022.

Minister Teten said, MSME actors must be assisted to be able to access the market better. In addition to assisting them, also by developing their products.

"Business models, access to financing, access to MSME production tools must also be supported, so that product quality increases, but most importantly increase turnover both offline and online," he said.

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Regarding the SMESCO 2022 short term-market event, Minister Teten said that events like this need to be developed continuously because they can greatly increase the advantages of MSME players.

"I really appreciate and thank SMESCO for the initiative and partners involved in organizing the shock market today. I think SMESCO needs to develop activities that can increase the turnover of MSME players," said Minister Teten.

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Editor: Mukhtar Wijaya

Source: Kemenkop dan UKM

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