Wahyu Dwi Anggoro
As part of its measures to upscale enterprises, the government improved the entrepreneurial ecosystem and increased the capacity of enterprises to become more export and technology oriented, particularly those owned by women who are often neither fully aware of nor have sufficient capacity to participate in government procurement. A landmark integrated sex-disaggregated system for micro, small, and medium–sized enterprises was established, which will be used to track, analyze, and report on the performance of businesses owned by women.
“To achieve high-income status by 2045, the government anticipates that Indonesia's gross domestic product must grow by at least 6.0% annually, significantly above the pre-pandemic average of 5.3%. Indonesia is making good progress in its recovery from the COVID-19 pandemic, but ongoing structural reforms are needed to boost its growth potential by stimulating investment, job creation, improved business climate, and trade,” said ADB Country Director for Indonesia Jiro Tominaga in a media release on Monday (25/9/2023).
“Policy reforms under the program will help Indonesia attract more investments, including in green and sustainable businesses, ease trade barriers, and empower local enterprises," he added.
CITA is in line with the Vision of Indonesia 2045 and the National Medium-Term Development Plan 2020–2024, and an integral part of ADB’s country partnership strategy for Indonesia, 2020–2024, particularly the strategic pathway on accelerating economic recovery and strengthening climate resilience. (WHY)
