JAKARTA Bank Indonesia (BI) together with the government held the Indonesian Creative Works Exhibition (KKI) as part of efforts to develop MSMEs to be more productive and contributive in order to support national economic growth.

Chairman of the National Crafts Council, Wury Ma'ruf Amin, said that MSMEs must rise with the spirit of innovation and collaboration in order to create an inclusive and sustainable economy.

"MSMEs have an important role in the national economy, especially in job creation and increasing people's income," he said in a written statement, Tuesday, July 27.

Similarly, BI Governor Perry Warjiyo said MSMEs must consistently improve quality and added value. In addition, this populist business line must also strengthen the use of technology in business processes and establish synergies with various parties.

"That way the competitiveness of Indonesian MSME products will continue to increase and have the opportunity to go global," Perry said.

The BI boss also said that his party continues to seek education for MSME actors, especially in terms of financial literacy and inclusion.

"We all want this populist business sector to expand market access and enter supply chain networks supported by the financial industry," he added.

For information, KKI 2023 is the peak of the celebration of Bank Indonesia's fostered MSMEs in collaboration with stakeholders. This event presents 1,000 MSMEs that have succeeded in advancing to class by connecting in three categories, namely entering the digital ecosystem, connecting with Financial Institutions, and entering the export-oriented MSME category.

Meanwhile, KKI 2023 is held in synergy with ministries/agencies as one-stop-events that prioritize the digitization of MSMEs, business matching exports, business matching financing, strengthening business networks and regional potential, by prioritizing environmental sustainability.


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