Revolutionizing Rural Development: The Impact of BUMDes on Village Economies

In Indonesia, rural development is a crucial component of national progress, with nearly half of the population residing in rural areas. Village-owned enterprises, known as BUMDes (Badan Usaha Milik Desa), have emerged as a transformative force in fostering economic growth and self-sufficiency in rural communities. Established under Law No. 6/2014 on Villages, BUMDes aim to