“SMEs contributed 97 percent to absorption of employment. Therefore, the improvement of quality of human resources has an important role in reducing poverty and unemployment,” Indrawan said in a statement received in Jakarta Wednesday. SMEs still face significant challenges such as limited human resources with the specific skill sets, he revealed. Indonesia currently has a population with a productive age which is 68 percent of the total population of 267 million, he reminded. “This momentum is expected to boost the economy of Indonesia as the population of productive age contributes to economic growth. However, the situation has a negative impact if education, health, and employment opportunities cannot be managed well,” Indrawan said. If the revenue of the SMEs can be increased by 30 percent, economic growth can touch seven percent, the National Committee for the Economy and Industry (KEIN), earlier said. “We should involve SMEs. Indonesia’s economic growth can exceed seven percent if we increase the revenue of SMEs by 30 percent,” Deputy Chairman of KEIN Arief Budiman stated in Jakarta Monday. Micro and small entrepreneurs currently reached around 63 million, divided into 62 million micro-entrepreneurs and 750 thousand small entrepreneurs. If the entrepreneurs can be upgraded, Indonesia’s economic growth… Read full this story
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