OJK cooperates with UNDP to achieve sustainable development

OJK cooperates with UNDP to achieve sustainable development

Rahmat Waluyanto. (ANTARA/Wahyu Putro A.)

This is strategic collaboration in the area of inclusive finance which touches the aspects of human life very much."
Jakarta (ANTARA News) - The Financial Service Authority (OJK) is cooperating with the United Nations Development Programme (UNDP) in achieving sustainable development goals (SDGs) in Indonesia by enhancing the role of financial service institutions.

The cooperation is contained in a Memorandum of Understanding (MoU) both sides signed on the sidelines of the Indonesia Fintech Festival & Conference at the Indonesia Convention Exhibition (ICE) in Tangerang district, Banten province on Tuesday.

OJK Chief Commissioner Muliaman Hadad and UNDP Director for Indonesia Christophe Bahuet signed the MoU in the presence of Dutch Queen Maxima in the capacity as the UN Secretary-Generals Special Advocate for Inclusive Finance for Development (UNSGSA).

OJK Deputy Chief Commissioner Rahmat Waluyanto said the signing of the MoU reflects formal cooperation between OJK and UNDP in achieving SDGs by 2030.

"This is strategic collaboration in the area of inclusive finance which touches the aspects of human life very much," he said.

The MoU covers several areas of cooperation to achieve SDGs by accelerating the role of financial service institutions particularly in increasing inclusive finance and literacy.

The SDGs comprise 17 goals and many of the goals are relevant to the role of OJK as a regulator to maintain financial system stability and increase inclusive finance as the basis for the implementation of sustainable development.

Hopefully, the cooperation between OJK and UNDP will encourage collaboration among the government, the private sector, development partners and other stakeholders to jointly contribute to sustainable development growth.

(Reported by Calvin Basuki/Uu.S012/KR-BSR/B003)

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