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Bank Loans Bill

Empowering Small Enterprises

Tuesday, November 27, 2001

So the government is planning to channel 40 percent of banking funds to small/medium-scale enterprises. Good. But it must make sure that this noble gesture will not bring about unnecessary misunderstandings.

arsip tempo : 172852296873.

. tempo : 172852296873.
SMALL- and medium-scale enterprises (SMEs) and cooperatives, which were blatantly ignored during the New Order regime, proved to be the savior of the Indonesian economy during the crisis. Perhaps this might sound a little over the top, but there's no denying that SMEs and cooperatives have become the backbone of Indonesia's economy. While many large companies have gone bankrupt or are up to their ears in debt, thousands of SMEs and cooperatives hav...

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