IMPLEMENTATION OF THE WRITE-OFF OF BAD DEBTS OF MSME ACTORS BASED ON GOVERNMENT REGULATION NO. 47 OF 2024 AS AN EFFORT TO RECOVER MSMES

Abstract

This study aims to analyze the implementation of the write-off of bad debts for Micro, Small, and Medium Enterprises (MSMEs) based on Government Regulation Number 47 of 2024 as an effort to restore the MSME sector. MSMEs are a very important sector in the Indonesian economy, but often face problems with bad debts that hinder their growth. The write-off of bad debts is expected to ease the burden on MSMEs and accelerate their economic recovery process. The method used in writing this article is the Normative Juridical research method (Library Research), which is a series of activities related to library data collection methods, reading, recording, and processing research materials. For this reason, the government is present to protect MSMEs as pillars of the country's economy through the ratification of Government Regulation No. 47 of 2024 concerning the Write-off of MSME Bad Debts. The implementation of this policy is one of the real proofs of the government's support for MSMEs as an important part of the country. The impact of this policy is to help MSMEs to be able to re-access credit to banks as capital in running their businesses again.