“As a Special Mission Vehicle (SMV) of the Finance Ministry, amid this pandemic, SMF has the commitment to give a wider benefit,” SMF president director Ananta Wiyogo said here on Thursday.
The company has signed an agreement with the Tourism and Creative Economy Ministry for provision of a funding facility for the development of homestays in the National Strategic Tourist Destinations (KSPN).
A KSPN is a tourist area that plays a significant role in the development of national tourism as well as in the development of the economy, social and cultural, natural resource, environmental carrying capacity, defense, and security.
Under the agreement, SMF would extend funding to people living in villages or tourist destinations who plan to develop homestays. The funds would be disbursed through distribution agents in the Super Priority Regions (DSP).
Wiyogo said he was optimistic that the funding program would have a positive impact on the development of the health and education sectors, create jobs, improve people's income, quality of life, trade, and people's awareness about the environment.
The homestay funding program is part of the government's special mission program for SMF, he added.
In 2019-2020, SMF has worked with the Tourism and Creative Economy Ministry through a partnership program to provide funding for homestay development in priority tourist destinations in Central Java, Yogyakarta, and West Nusa Tenggara. (INE)
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