Jakarta, Aug. 8 -- Bank Indonesia (BI) Governor Perry Warjiyo has emphasized the critical role of micro, small, and medium enterprises (MSMEs) in advancing Indonesia's economy, citing their large numbers, resilience, and strong female participation as key strengths.

"MSMEs have long been the backbone of Indonesia's economy and are essential to becoming a developed nation," he said at the opening of the 2025 Indonesia Creative Works (KKI) event in Jakarta on Thursday.

With more than 65 million MSMEs across the country, Warjiyo said they have the potential to serve as a major engine of economic growth, especially if their development is further accelerated.

He also noted that MSMEs are notably resilient during times of crisis and market ...