Indonesia readies policy to promote digital economic growth
Indonesian Minister of Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki on October 6 stated that his government is preparing a policy to expedite the growth of digital economy in Indonesia.
Indonesian Minister of Cooperatives and Small and Medium Enterprises (SMEs), Teten Masduki, at the 2022 Innovation Conference. (Souce: ANTARA/M. Baqir Idrus Alatas)
Jakarta (VNA) –Indonesian Minister of Cooperatives and Small and Medium Enterprises (SMEs)Teten Masduki on October 6 stated that his government is preparing a policy to expeditethe growth of digital economy in Indonesia.
As reported by the localnews agency Antara, at the 2022 Innovation Conference (ICON) held by GDPVenture, the minister noted that if more micro, small and medium enterprises(MSMEs) are connected to the digital ecosystem, the upsurge of the populationcentered in Java and Jakarta, Bogor, Depok, Tangerang, Bekasi areas can beavoided.
President Joko Widodo wassaid to have assigned Minister Masduki to work on a digital economy developmentpolicy with three main missions, with the first being to protect domestice-commerce.
Under the second mission,the government aims to protect MSMEs by opening business opportunities invarious digital platforms. The third mission is protecting consumers.
The government is payingsignificant aꦕttention to the digital economy, as Indonesia is projected tobecome a country having the largest digital economy value potential inSoutheast Asia by 2030, at around 4,500 trillion Rp (315.𝐆7 billion USD)./.
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Indonesian Minister of Cooperatives and Small and Medium Enterprises (SMEs), Teten Masduki, at the 2022 Innovation Conference. (Souce: ANTARA/M. Baqir Idrus Alatas) 
