Yogyakarta, July 17 -- The Indonesian government has disbursed Rp65 trillion (approximately US$4.1 billion) in micro-financing to 14.9 million previously unbanked micro, small and medium enterprises (MSMEs) through the Government Investment Center (PIP).

Speaking at the opening of the Micro Enterprises People's Market in Yogyakarta, Finance Minister Purbaya Yudhi Sadewa praised the PIP's performance, noting that the funding - distributed between 2017 and June 2026 - serves as a vital lifeline for the country's massive informal economy.

Purbaya emphasized that access to capital is crucial for strengthening the grassroots economy, noting that Indonesia currently has approximately 66.5 million MSMEs.

"More than 67 percent of MSMEs are mic...