Indonesia speeds up transformation to digital economy: minister-Xinhua

Indonesia speeds up transformation to digital economy: minister

Source: Xinhua

Editor: huaxia

2024-04-23 20:59:00

JAKARTA, April 23 (Xinhua) -- The Indonesian government is accelerating its transformation target to the digital economy by focusing on empowering small and medium-sized enterprises (SMEs) and tech startups, a minister said on Tuesday.

At the 80th session of the Economic and Social Commission for Asia and the Pacific, the country's Coordinating Minister for Economic Affairs Airlangga Hartarto said that Indonesia is currently focusing more on strengthening comprehensive research and development as well as technological innovation in a bid to create an advanced and high value-added business ecosystem through digitalization.

"Digitalization has become the priority of the economic sectors. This includes a special focus on empowering SMEs and technology startups as well as stronger cyber security," Hartarto said.

He added that the government has been working to build financial inclusion through partnerships with relevant authorities to provide better access to financial services to all levels of society.

"And to support these efforts, we are also refining our regulations, policies and governance to ensure a healthy and fair digital economy, with consumer protection and national security measures," he said.