VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

President Joko Widodo said that one way of structural reform to improve the ease of doing business for the MSME sector is through the Job Creation Act.

"The government in the last 6 years has continued to carry out structural reforms to improve the ease of doing business for MSMEs. Including through the Job Creation Law," said the President in a video remark at the MSMEs Kumparan Festival in Jakarta, Monday.

The President said the Job Creation Law would make it easier for MSME entrepreneurs to open new businesses. Business licensing for MSMEs businesses is no longer needed, but only registration.

The government also trimmed overlapping regulations and complicated procedures for MSMEs. In addition, business barriers such as illegal fees in the business bureaucracy are also trimmed, by simplifying, integrating, and adapting electronic systems.

"By simplifying, cutting, and integrating it into the licensing system electronically, we can eliminate extortion," said the President.

The President wants MSME businesses, including MSME businesses belonging to the millennial generation, so they can develop rapidly because they will open up many jobs. Therefore, the business ecosystem for the MSME sector must be ensured to be conducive.

"I imagine, if one millennial-owned business uses only five people, how many thousands of people are already working, getting direct benefits from the business transformation carried out by young people," said the President.

In Indonesia, every year there is 2.9 million new working-age populations. Therefore, the need for employment is enormous. In addition, Indonesia also experiences a demographic bonus. The composition of the population of productive age 15-64 years is very large. Indonesian people are in the productive age phase will reach over 60 percent by 2030. 

"For that, we need more job creators. Young entrepreneurs who create new jobs," said the President. (Antaranews)