Minister pushes MSMEs Law revision to bolster competitiveness
Jakarta, June 9 -- Indonesian Micro, Small, and Medium Enterprises (MSMEs) Minister Maman Abdurrahman is pushing for a revision of the Law on MSMEs to strengthen the protection, empowerment, and competitiveness of small businesses.
Speaking during a meeting with Committee IV of the Regional Representative Council (DPD) in Jakarta on Tuesday, he stated that the current regulatory framework governing MSMEs must be adapted to modern challenges.
According to him, conventional approaches are no longer adequate for managing the tens of millions of MSMEs across Indonesia.
"It is impossible for the Ministry of MSMEs to manage 57 million enterprises using conventional methods," he said, as quoted from a press statement.
Abdurrahman noted that ...
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