Cabinet Secretary: People's Bazaar Revitalises Post-Eid UMKM Economy
Cabinet Secretary (Seskab) Teddy Indra Wijaya stated that the People’s Bazaar taking place in the Monas area, Jakarta, on Saturday, serves as a momentum to encourage economic circulation for micro, small, and medium enterprise (UMKM) actors in the post-Eid period.
According to him, this activity not only provides entertainment for the public but also mobilises the people’s economy.
“To revitalise UMKM, traders. So there is Tanah Abang Market, Senen Market, Ular Market, and then several other markets across Jabodetabek. Through the UMKM Minister, Mr Maman, they are brought here, they sell, we buy their goods, and then the people who come for free are given vouchers, which they then redeem,” said Teddy in Jakarta on Saturday.
Teddy explained that the shopping vouchers received by the public at the people’s bazaar can be exchanged for products from the small businesses involved in this activity.
The public receives vouchers worth Rp500,000, consisting of Rp300,000 to be exchanged for basic necessities and Rp200,000 to purchase products from UMKM.
Furthermore, Teddy emphasised that this activity not only aims to provide assistance but also to encourage economic circulation.
“The main concept is that as many people as possible want to feel the joy of Eid, both those who couldn’t go home and those who have returned from going home, come here,” he added.
On the same occasion, UMKM Minister Maman Abdurrahman added that this activity not only brings entertainment but also provides real economic impact for small business actors.
Maman stressed that the post-Eid momentum is utilised to mobilise UMKM economic activities.
“This is the economic impact, like in Tanah Abang Market, then similarly in Senen Market, and also several markets, there are some in Bandung, friends from the shoe craft makers’ association, and that also ends up moving because they can clear the stock that was still there yesterday, and they can also rotate again, buy again, with new stock,” explained Maman.