Affordable Internet, the Most Needed Assistance for MSMEs During the Pandemic

Andrea Lidwina 24/03/2021 17:00 WIB

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MSMEs need government assistance to sustain their businesses during the Covid-19 pandemic. 50.7% of respondents expect affordable internet access.

Government Assistance Needed by UMKM Actors During the Covid-19 Pandemic

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Government Assistance Needed by UMKM Actors During the Covid-19 Pandemic

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Micro, small, and medium enterprises (MSMEs) require significant government assistance to sustain their businesses during the Covid-19 pandemic. Research by the Institute for Economic and Community Research (LPEM) of the Faculty of Economics and Business, University of Indonesia (UI), shows that 50.7% of respondents hoped for affordable internet access.

Furthermore, 46.8% desired business funding, and 41.2% sought market creation. In addition, they needed reduced business costs (32.5%) and ease of doing business (31.3%).

Support in the form of tax facilitation (26.5%), employment assistance (25.6%), and consulting services (5.7%) could also help businesses survive.

Editor : Dimas Jarot Bayu

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."