“We hope that the contribution of the financial services sector is not limited to achieving good growth figures but also includes concrete actions from the financial services industry to support government programs,” OJK Chairman of the Board of Commissioners Mahendra Siregar stated in Jakarta on Sunday.
The financial services sector's contribution could include initiatives to expand financing access for MSMEs as part of the supporting ecosystem for the Free Nutritious Food (MBG) program.
Moreover, the sector could facilitate accelerating green finance and support the development of financial schemes and instruments required to support downstream industries and the 3 million houses each year.
Siregar made the remarks at the 2024 OJK Year-End Dialogue with the Financial Services Industry (IJK) in Jakarta.
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During the event, the industry also provided inputs, suggesting that the property ecosystem, including producers of cement, steel, and other construction materials, be given comprehensive attention to support the 3 million houses program.
In addition, he noted that market deepening and foreign currency liquidity are important to capture downstream opportunities and facilitate multinational company investments in Indonesia.
The OJK Year-End Dialogue with the Financial Services Industry is an annual event serving as a direct communication forum between the OJK Board of Commissioners and the leadership of the financial services industry. This event has been held regularly since December 2022, and its third edition has currently taken place.
Meanwhile, OJK Deputy Chairman Mirza Adityaswara stated that the meeting was also a follow-up on a series of sectoral Focus Group Discussions held in October 2024, which served as a platform to hear technical inputs from financial services industry players.
“We have captured the industry's hope that OJK will continue discussions with actions to improve future policies,” he remarked.
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Translator: Kuntum Khaira Riswan
Editor: Yuni Arisandy Sinaga
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