"The database will provide necessary information to the government to conceive a comprehensive programme and conduct intervention as well as enhance market opportunity and the business ecosystem," Sulendrakusuma remarked.
Sulendrakusuma had earlier attended a coordination meeting with officials from the Ministry of Co-operatives and Small and Medium Enterprises and Statistics Indonesia in Jakarta on Friday.
The co-operatives ministry, the National Development Planning Agency, and Statistics Indonesia are currently developing a unified complete database of national micro, small, and medium enterprise co-operatives for the 2022-2024 period, he noted.
The complete database will register more than 14.5 million entities legally recognised as MSME co-operatives and is expected to cover all business units and companies in Indonesia, the deputy stated.
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The database, once completed, will unify the data of MSME co-operatives collected by several institutions to promote institutional collaboration, he affirmed.
"The KSP will assist coordination between government institutions to expedite the completion of the single-data system," Sulendrakusuma stated.
Meanwhile, the Ministry of Co-operatives and Micro and Small Enterprises' Deputy of Entrepreneurship Department, Siti Azizah, admitted that scattered and unstandardised MSMEs data hindered the authority from providing an effective empowerment programme to boost co-operatives and MSMEs.
"The unified single-data information system that integrates MSME co-operatives' data will serve as an effective control and evaluation platform and provide the government with necessary data to conceive new policies," she stated.
She expounded that the unified single-data information system will include some indicators: MSMEs' contribution to the national GDP; employment level to assess poverty rate; MSMEs' contribution to national export to assess local MSMEs' competitiveness; and MSMEs' contribution to investment and entrepreneur ratio.
"The single-data system is developed to boost quality economic growth, business climate, employment, and business competitiveness," Azizah stated.
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Translator: Rangga Pandu AJ, Nabil Ihsan
Editor: Rahmad Nasution
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