
Gov’t Provides Interest Subsidy for MSMEs, Credit Relaxation for UMi
The Government has allocated Rp35.28 trillion from the National Economic Recovery (PEN) budget amounting to Rp607.65 trillion to provide subsidies for Micro, Small, and Medium-sized Enterprises (MSMEs) and credit relaxation for Ultra-micro Financing (UMi) Program. The Government deemed it necessary to support the MSMEs since they cover 90 percent of the national economy. The program […]