Purbaya Prepares New Strategy for MSMEs, PIP and LPEI to Be Deployed
Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa plans to strengthen government support for micro, small, and medium enterprises (MSMEs) by optimising the roles of the Government Investment Centre (PIP) and the Indonesia Eximbank (LPEI).
This move is intended to broaden financing access while opening export market opportunities for MSME players who have long been the backbone of the national economy.
Purbaya said one of the focuses to be pushed is strengthening the financing programme through PIP, particularly to reach ultra-micro business players who have not been optimally served by financial institutions.
“I want to reinvigorate PIP again. PIP is specifically for MSMEs,” Purbaya said when met on the sidelines of the 2026 Karya Kreatif Indonesia (KKI) event at JCC Senayan, Jakarta, Thursday (20/8/2026).
According to him, MSME financing has so far been largely channelled through the People’s Business Credit (KUR), PT Bank Rakyat Indonesia (BRI), and PT Permodalan Nasional Madani (PNM). However, there are still complaints that financing distribution has not been evenly spread to all business players.
For this reason, the Ministry of Finance will evaluate opportunities to utilise PIP to complement and strengthen the existing financing schemes.
“So far, distribution has been through KUR, BRI, PNM. But there are claims that it has not been evenly distributed. I want to see whether PIP can be utilised again to strengthen the KUR at BRI and PNM,” he said.
Purbaya revealed that in the near future he will summon PIP management to discuss new strategies for expanding financing access for MSMEs.
He hopes that PIP will not only act as a fund distributor, but will also be able to present more effective programme innovations to help MSMEs grow and move up a class.
“I will look at what their plans actually are. If it is just about being entrusted with money, that is easy. So I am asking PIP to be more creative in driving MSMEs,” Purbaya said.
Not only from the financing side, the government also wants to help MSMEs expand market access, particularly to international markets.
For this purpose, Purbaya said he will involve the Indonesia Eximbank (LPEI) to support MSME players with export potential.
According to him, financing support and export mentoring are important so that Indonesian MSME products can compete in the global market.
“Later, for those aiming to export, I will also ask LPEI to provide support. Can MSMEs do it? I do not know, but I will make sure it can happen,” he said.
This step is in line with the government’s efforts to encourage MSMEs to move up a class, not only as drivers of the domestic economy, but also as players in the international market through improved financing access and expanded export networks.