UMKM contributes 60% to national economic growth

Liputan6.com, Jakarta – The role of micro, small and medium enterprises (MSMEs) in the national economy is quite important. This percentage reaches 99.9% and 97% employment

"Currently, MSMEs contribute to GDP up to 60.34%. President Joko Widodo said that UMKM should go in clbad, not just to survive in small businesses.The level is expected to rise as in some neighboring countries, "said Iskandar, Deputy Minister of Macro Economy and Finance of the Ministry of Economic Affairs, Iskandar Simongkir, said Friday that the number of small enterprises in Indonesia was 93.4 per cent, and then the medium-sized enterprises at 5.1 per cent and only one per cent. However, in principle, he says that the figure shows no change every year.

"But the magnitude for some periods has not changed or its development has not increased," he added.

Iskandar added that for the foundation of the Indonesian economy stay awake and strongly need to increase the number, so that not only survive in small businesses only. But the middle and upper sectors are also fueled. In addition, the president said that he wanted SME writers to level up.

For this, Iskandar continued the most important is how to develop SMEs. But not only lower the final PPh. Akam but more than that.

"The decrease in PPh UMKM is not only for installation, but it is diverse, but what exactly is the problem in MSMEs?", "Iskandar says:" Based on the search for worldvbank (19659002) Known, President Joko Widodo has officially revised the final income tax for small and medium-sized enterprises (MSMEs) at the end of June 2018. Now, the final tax rate imposed to MSME authors is set at only 0.5% compared to the previous value of 1%.

Atursn reduction of final income tariffs for MSME authors is stipulated by Government Regulation (PP) No. 23 of 2018 on Income Taxes (PPh) on business income received or obtained by taxpayers with certain gross distributions. The rules come into effect on July 1, 2018.

Reporter: Dwi Aditya Putra

Source: Merdeka.com