OJK Encourages MSMEs Papua And West Papua To Get Financial Access

Photo: Doc. Antara

JAKARTA - Regional Financial Services Authority (OJK) 6 of Sulawesi, Maluku, and Papua will continue to encourage micro, small and medium enterprises (MSMEs) in Papua and West Papua to gain access to finance.

Head of OJK Regional 6 Sulawesi, Maluku and Papua Darwisman in Jayapura, Papua, Thursday 117 November, said financial access for MSMEs was very important in an effort to boost the economy in the region.

"We always say that MSMEs are the economic bumper and we believe that no matter how heavy the inflation that occurs in other countries, but with MSMEs, we still exist," he said on the sidelines of the MSME Business Matching activity in order to improve the economy on Indonesia's eastern border and the MSME exhibition., quoted from Antara, Friday 18 November.

According to Darwisman, MSME Business Matching is a program that synergizes between banks, local governments, and MSMEs to build a very good business ecosystem.

"This means that the superior MSMEs in the regions are good from their business products and then met with banks for financing and assistance to find market access," he said.

He explained that his party hopes that in the future the regional government can map out the seeds of each district in Papua and West Papua for business matching.

"So, there is a contribution in the regions, for example, such as the APBD which is used to build infrastructure, then from the bank it provides financing as well as looking for buyers," he said again.

Furthermore, from insurance, it will also provide guarantees so that if this can run smoothly, then this will be better especially in Papua and West Papua, there are a lot of seeds that can be promoted.

He added that Papua as a country rich in natural resources can be held with business meetings with banks to drive the economy on Earth of Cenderawasih while improving the welfare of the people in the region.

"OJK Regional 6 will continue to encourage inspiring future programs to mobilize MSMEs in Papua and West Papua," he said again.

The MSME exhibition took place on 17-18 November 2022 with as many as 50 booths prepared for MSME players in Jayapura City.