Developing human resource capacity key to workforce resiliency

Hartanto was speaking at the Jobs Consortium session of the World Economic Forum (WEF) where he revealed the three main strategies: implementation of the National Economic Recovery (PEN) programme, Pre-Employment Card assistance, and the Job Creation Act.

Through the PEN programme, the government supports micro, small, and medium enterprises (MSMEs) by providing tax incentives, interest subsidies for people’s business credit (KUR), cash assistance (BLT), and the Family Hope Programme (PKH) assistance. 

Secondly, the Pre-Employment Card assistance is offered to improve the quality of human resources and to boost work productivity. “The development of human resource capacity is the main capital to increase global economic growth, and it requires cooperation, coordination, and collaboration from all parties,” the coordinating minister said. 

Thirdly, he said that Indonesia is committed to creating a better investment climate by implementing structural reform through the Job Creation Act. The regulation has been recognised by the World Bank as the most positive economic reform attempt by Indonesia over the last four decades that is expected to increase investment and create more jobs.

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In addition, Hartanto stressed the importance of developing human capacity for every country to become resilient in facing the fast-changing world, including the employment sector, according to Antara.