Jakarta, Dec. 18 -- Indonesia formalised 14.6 million micro enterprises in 2025 as part of a government drive to raise productivity, widen access to financing and integrate small businesses more deeply into the national economy, a senior official said on Wednesday.
The push is aimed at strengthening the legal status of micro firms so they can more easily access credit, markets and government programmes.
The policy reflects a broader strategy to improve business legality, financing and market access for micro enterprises, said Riza Damanik, deputy for Micro Enterprises at the Ministry of Micro, Small and Medium Enterprises (MSMEs).
Formalisation, he said, is expected to improve data accuracy, policy targeting and resilience among small ...
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