Empower grassroots businesses to create high value-added SME sectors: Mulyani
JAKARTA – Better collaboration is needed between grassroots businesses and the mainstream industries to foster innovation and create high value-added SMEs, said Indonesia Finance Minister Sri Mulyani Indrawati on the sidelines of the 12th World Islamic Economic Forum (WIEF) today.
Access to financing is just one challenge, said the minister. “SMEs face many other obstacles such as high transaction costs, accessing raw materials and markets,” Indrawati told Salaam Gateway.
“President Joko Widodo is concerned with trying to build more infrastructure that is not only enjoyed by big business but also by more SMEs, so that they will be able to access raw materials and markets easier,” said the newly-appointed finance minister.
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