Jakarta (ANTARA) – The debt cancellation program for micro, small, and medium enterprises (MSMEs) has begun implementation in Indonesia, a minister said on Friday.
“The data collection is being completed. We are already underway with the debt cancellation process,” Minister of MSMEs Maman Abdurrahman remarked.
He explained that data collection has been carried out on MSMEs that have received debt collection assistance through the Association of State-Owned Banks (Himbara).
However, he acknowledged that technical factors, such as the geographical distance between MSME entrepreneurs in the country, are currently hindering the debt cancellation process.
“Each of them is spread far away. This is a technical matter,” Abdurrahman said.
He…