Indonesia highlights extent of COVID-19 impact on MSMEs

Indonesia highlights extent of COVID-19 impact on MSMEs

Jakarta, (UNA-OIC) – Expert Staff to Indonesian’s Minister of Finance for Macro Economy and International Finance, Suminto, drew attention to the impact of the COVID-19 pandemic on the survival and sustainability of micro, small, and medium enterprises (MSMEs).
“MSMEs are among the most affected businesses, based on the Asian Development Bank’s (ADB’s) survey, with 48.6 percent temporarily closing,” Suminto remarked during the 2020 BMT Summit in Jakarta on Monday.
Suminto further noted that the ADB survey also found that Indonesian MSMEs had recorded a 30.5-percent plunge in domestic demand.
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https://en.antaranews.com/news/161576/ministry-highlights-extent-of-covid-19-pandemics-impact-on-msmes

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