The Indonesian Export Financing Agency (LPEI) or Indonesia Eximbank has distributed financing to 224 export-oriented MSMEs until August 2022. Head of the LPEI Consulting Services Division, Gerald Grisanto, in an official statement in Jakarta, Friday, said that his party is committed to increasing the capacity of MSMEs to penetrate the export market with one-stop services ranging from training, mentoring, financing and insurance. "With all these services, it is hoped that national MSME players can compete in the global market," said Gerald. According to him, LPEI's steps also make it easier for MSMEs to expand the export market through business matching activities or five business meetings in collaboration with the FTA Center-Export Center of the Ministry of Trade in Canberra-Australia, Jeddah-Saudi Arabia, Lagos-Nigeria, Busan-South Korea, and London. -English. LPEI carries out the mandate of Law (UU) No. 2 of 2009, which is the Ministry of Finance's Special Mission Vehicle (SMV) to support national export programs through financing, guarantees, export insurance and consulting services. Indonesia Eximbank also participates in supporting the government's efforts through the National Economic Recovery (PEN) program through financial and non-financial services to export-oriented micro, small and medium enterprises (MSMEs). As a country that has so much in natural resources, Indonesia has great export potential. Based on data from the Central Statistics Agency (BPS), Indonesia's total exports in 2021 reached USD 231.6 billion, an increase of 41.92% compared to the same period the previous year (year-on-year/yoy), namely in 2020 which amounted to USD 163.2 billion. Meanwhile, cumulatively from January to July 2022, Indonesia's total exports managed to penetrate the value of USD 166.7 billion or grew 36.3% (yoy).

Source: https://www.antaranews.com/berita/3108993/lpei-salurkan-pembiayaan-kepada-224-umkm-ekspor-per-agustus