"This figure is based on data from the 2021 National Central Securities Depository, which (states that) the share of female investors in the capital market made up 38 percent of the total assets of individual investors," she noted at a virtual event accessed from here on Wednesday.
The government will continue to expedite education on investment to improve women's financial skills, particularly through financial literacy, the minister emphasized.
The dominant role of women as investors in State Securities also shows that Indonesian women are skilled at managing finances, investment included, she pointed out.
Thus, the government is continuing to push for capacity building and offering equal opportunities for women's financial empowerment through programs such as Mekaar by PT Permodalan Nasional Madani (PNM), which has provided loans to 10.8 million MSMEs (micro, small, and medium enterprises) entrepreneurs, most of whom were women, Indrawati said.
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The minister further said she expected all such efforts to be continuously improved, as there are a large number of middle-class women who own good economic resources.
"They are certainly expected to be able to manage their resources productively and can continuously use their investment for stuff that is also productive in nature," she remarked.
Indrawati highlighted that the national index of financial inclusion for women is currently quite high at 75.15 percent. However, it is slightly lower than for men, which stands at 77.24 percent, she informed.
Still, it turns out that the index is higher than the global women's inclusion index, which is currently pegged at 65 percent, which is considerably lower compared to the global male inclusion index, recorded at 72 percent, she highlighted.
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Translator: Agatha O V, Mecca Yumna
Editor: Suharto
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