Gov’t Disburses Cash Capital Assistance to Small, Micro Businesses

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation
Date 30 September 2020
Category: News
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President Jokowi distributes working capital assistance, at the Merdeka Palace Yard, Jakarta, Wednesday (30/9). (Photo by: PR/Rahmat)

President Joko “Jokowi” Widodo on Wednesday (30/9) distributed working capital assistance for micro and small businesses.

“(This cash assistance) can be used to add your business capital,” President Jokowi told entrepreneurs on the occasion of the capital assistance disbursement which is held by strictly following the health protocols, at the Merdeka Palace Yard, Jakarta.

Also on that occasion, the President talked with one of beneficiaries of the assistance. Nahrowi, a food seller in Jakarta, said that his income dropped sharply due to the impacts of COVID-19 pandemic. Nevertheless, he expressed hope that he can restart his business by using the cash assistance.

For the record, each beneficiary of the working capital assistance will receive Rp2.4 million per month.

President Jokowi also called on the entrepreneurs to keep working hard and never give up following a drop in their income. He added that 215 countries worldwide including Indonesia saw the same condition and difficulties. Micro, small, medium, or ever big enterprises are experiencing hard times due to the pandemic.

“I really appreciate all of you for the hard work to recover economic and health sectors,” he stated. (TGH/UN)

 

 

Translated by: Rany Anjany
Reviewed by: Muhardi

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