JAKARTA - Minister of Finance (Menkeu) Purbaya Yudhi Sadewa opened three agendas that the government is currently working on, namely the establishment of a special bank for MSMEs, new incentives for electric motorcycles, and a scheme to legalize illegal cigarettes through the tax channel.
For the MSME sector, Purbaya said the Ministry of Finance is looking for ways to take over PNM so that KUR distribution can be carried out through the institution. The ultimate goal is to build an MSME bank that is truly focused on financing small businesses.
"The focus is on how the Ministry of Finance can take over PNM so that we can channel KUR through it and in the future in a few years we will form a bank called a real UMKM bank," Purbaya told reporters at the Attorney General's Office, Jakarta, Friday, April 10.
He emphasized that this bank model would not be created like a normal commercial bank that pursues the highest possible profit. According to him, the institution must remain healthy, but not burden MSMEs with suffocating interest rates. What is pursued is sustainable financing and really helping small business actors.
In the electric vehicle sector, Purbaya said the government was also still discussing the possibility of new incentives for electric motorcycles. He admitted that he would discuss this further with the Minister of Industry. Meanwhile, for electric cars, discussions are still ongoing after discussing with Gaikindo.
Regarding illegal cigarettes. Purbaya revealed that the legalization proposal has been completed and will be discussed with the DPR in the near future. The scheme is not to let illegal cigarettes remain wild in the market, but to force the product to enter the legal channel by paying certain taxes.
"He has to go into the legal with paying certain taxes," he said.
Purbaya hopes that the scheme can start running at the latest in May. After the opportunity is opened, the government will move harder against cigarettes that remain circulating in the illegal channel.
"If you don't want it, we will close it," said the Minister of Finance.
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