2nd G20 EMPOWER Meeting: Strengthening Women-Owned MSMEs As Drivers of Economic Growth

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Yogyakarta, 17 May 2022 – G20 EMPOWER Indonesian Presidency holds 2nd Plenary Meeting in Yogyakarta on May 17-19, 2022. The main agenda of this meeting is to discuss the urgency of the role of women in MSMEs (Micro, Small and Medium Enterprises) as drivers of economic growth. Some of the crucial issues that will be discussed include limited access to financial facilities for women MSME players, low digital literacy and connectivity to the internet, as well as vulnerability of women MSMEs to the impacts of pandemic and crisis.

Chair of G20 EMPOWER who is also Director & Chief Strategic Transformation & IT Officer of XL Axiata, Yessie D. Yosetya said that focus of this meeting is in line with the big theme of the Indonesia’s G20 Presidency 2022 “Recover Together, Recover Stronger”

“The main agenda of the 2nd EMPOWER meeting is to discuss the urgency of the role of women in MSMEs as drivers of economic growth. The government and private businesses need to encourage further implementation of policies and practices to support women-led MSMEs in facing all the challenges that exist,” said Yessie.

Meanwhile, Co-Chair of G20 EMPOWER who is also COO of PT. Infinite Berkah Energi & WKU XII and the Person in Charge of Research, Development, and Employment of IWAPI, Rina Prihatiningsih, stated that the results of the 2nd G20 EMPOWER meeting along with the results of the 1st and the 3rd meeting will be the first part of the communique for the G20 EMPOWER Indonesian Presidency.

“The meeting in Yogyakarta is expected to generate several results, among others, the first draft of recommendations for actions that must be taken by the private sector to support the growth of women’s MSMEs. Second, the design of support expected from the government or other stakeholders to accelerate the growth of women’s MSMEs,” said Rina.

During the 2nd G20 EMPOWER meeting series, there is also a meeting of women leaders from private and public sectors. According to the Assistant Deputy for Increasing Participation of Professional Institutions and the Business World of the Ministry of Women’s Empowerment and Child Protection (KPPPA), Eko Novi Ariyanti, these female leaders will share experiences with each other in realizing gender equality in the workplace.

“Since 2020, the Indonesian government has synergized with 26 advocates, namely CEOs or senior leaders at the company level or association leaders who play the role in decision making and can promote gender equality in their workplace. They are the main figures who can promote their actions that have been carried out at the G20 EMPOWER meeting. In 2022, the government gathers support from 34 new advocates to promote the importance of gender equality in the private and public sectors. G20 EMPOWER is an important platform for advocates to share experiences and good practices,” said Eko Novi.

The 2nd G20 EMPOWER meeting is expected to provide added value outside the various recommendations given. First, it opens the insight of various groups, especially the government and the private sector, about the importance of the role and leadership of women in MSMEs. Second, to identify the support needed from the government to realize the commitments and action plans from the private sector. Third, the need to conduct ideation with G20 EMPOWER advocates regarding forms and action plans that can be carried out by the private sector regarding the growth of MSMEs led by women.

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