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Sri Mulyani Invites G20 Delegation to Explore Indonesian MSMEs Products

The effect of the pandemic has brought inequality in the economic recovery to several sectors including the MSME sector, and support for MSMEs is one of the main agendas during the G20 Finance Track agenda.

During the 3rd Financial Ministers and Central Bank Governors Meeting (FMCBG) series of events on July 11-17 in Bali, the G20 Indonesia Presidency also invited delegates to explore more about the diversity of the archipelago’s cultural heritage through curated MSME products which can be visited in Taman Jepun, Bali Nusa Dua Convention Centre. Today, Minister of Finance, Sri Mulyani directly inspected the atmosphere and major MSME products on display there.

The MSME’s exhibition carries the theme of Nusantara, symbolizing the diversity of Indonesian culture from Sabang to Merauke with the nuances of a traditional Balinese arrangement in the style of Panglipuran Village. In each of their art crafts, MSME players are creative and take inspiration from Indonesia’s rich cultural values, and are stealing the spotlight.

The spirit of Indonesia’s cultural diversity has also become a symbol that represents the character of multilateralism built in the G20 forum as it is the history of the formation of the forum. The spirit of multilateralism is also the basis for the G20 forum to build an effective dialogue in order to handle various world problems.

This event exhibits 52-MSMEs, of which 17-MSMEs are aided by the Minister of Finance, Public Service Agency (BLU), five Special Mission Vehicle (SMV) units, and local governments. Various products from traditional fabric/ wastra, crafts, food, and beverages like coffee and tea from regions in Indonesia. Collaborative and aided programs and the presence of MSMEs in the whole series of G20 Presidency of Indonesia meetings in 2022 is a form of the Ministry of Finance’s support for MSMEs in increasing production efficiency, access to the global market, ease in business, financing, financial literacy, and optimal and sustainable marketing platform.

In Indonesia, MSMEs play a big role in driving an inclusive economy, contributing 61.1-percent of the nation’s GDP. MSMEs also contribute to 14.7-percent of exports and 97-percent of employment across the archipelago.

 

Source: G20.Org

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Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

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Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

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