Visiting Campus, Coordinating Minister For Airlangga Encourages Entrepreneurial Activities: This Is The Key To Job Creation

Illustration (Photo: Doc. Coordinating Ministry for the Economy)

JAKARTA - The government through the Coordinating Minister for the Economy Airlangga Hartarto said that MSMEs play an important role in the national economy in every crisis period.

According to Airlangga, the government is also committed to continuing to encourage MSMEs and encouraging the community, especially the younger generation, to become entrepreneurs in order to increase the number of MSMEs in Indonesia.

“The entrepreneurship program initiated by the campus is one of the keys to successful job creation from the university environment. Of course, it is hoped that we can combine knowledge and the ability to innovate to read opportunities, so as to produce quality entrepreneurs," he said when he attended a hybrid seminar at Yogyakarta State University, quoted on Wednesday, June 29.

Airlangga added, the Coordinating Ministry for the Economy's Goes to Campus Program is one of the government's efforts to provide understanding to the public, including the academic community, regarding the People's Business Credit (KUR) financing program as an alternative financing for starting a business.

“By entrepreneurship, students or young people can become game changers who contribute to Indonesia's economic development. This is a momentum for collaboration between the Government and the academic community to create superior human resources and can also take advantage of existing financing facilities. MSMEs are rising, the economy is booming," he said.

On the same occasion, Deputy for Macroeconomic and Financial Coordination Iskandar Simorangkir explained that MSME players can access with a maximum ceiling of 500 million.

"The government encourages students to use KUR for business financing so that they can start or develop their businesses, so as to produce products with high added value," he said.

For information, the government has set a KUR ceiling for the 2022 period of IDR 373.17 trillion by providing a relaxation policy and additional subsidies, so that debtors only bear interest of 3 percent until December 31, 2022.

Meanwhile, the Coordinating Ministry for the Economy Goes to Campus in Yogyakarta is a series of socialization events organized by the Coordinating Ministry for the Economy which is planned to be held at seven universities in seven cities throughout Indonesia.

Also present on the occasion were the academic community of Yogyakarta State University and representatives of channeling institutions and guarantee institutions who were also committed to being government partners in distributing KUR to the community.