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Thursday, 30 April 2020 12:00

President implements five schemes for MSME protection amid pandemic

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President Joko Widodo has implemented five schemes under a program to protect Micro Small Medium Enterprises ( MSMEs )and aid their financial recovery, including special programs for ultra-micro and micro-businesses not yet serviced by banks and financial institutions. As quoted by Antara News Agency, President Joko Widodo said in a virtual limited meeting from the Merdeka Palace, Jakarta, on Wednesday that  the discussion (on MSME programs) has increasingly narrowed and there are five major schemes (that have been implemented). According to the President, the first scheme is meant for SMEs classified under the poor and vulnerable group amid the COVID-19 outbreak//Ant

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