Indonesia readies policy to promote digital economic growth
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 expedite
the growth of digital economy in Indonesia.
As reported by the local
news agency Antara, at the 2022 Innovation Conference (ICON) held by GDP
Venture, the minister noted that if more micro, small and medium enterprises
(MSMEs) are connected to the digital ecosystem, the upsurge of the population
centered in Java and Jakarta, Bogor, Depok, Tangerang, Bekasi areas can be
avoided.
President Joko Widodo was
said to have assigned Minister Masduki to work on a digital economy development
policy with three main missions, with the first being to protect domestic
e-commerce.
Under the second mission,
the government aims to protect MSMEs by opening business opportunities in
various digital platforms. The third mission is protecting consumers.
The government is paying
significant attention to the digital economy, as Indonesia is projected to
become a country having the largest digital economy value potential in
Southeast Asia by 2030, at around 4,500 trillion Rp (315.7 billion USD)./.