"The Red and White Cooperatives are designed as people's economic platforms at the grassroots level that serve as important instruments in building food sovereignty and village economy," he said, according to a statement released here on Friday.
At a coordination meeting on village governance and Dayak customary institutions in Palangkaraya, Central Kalimantan, on Thursday, he affirmed that the government is continuing to expedite the establishment of the cooperatives through collaboration between ministries and agencies.
Adi noted that as of May 20, 2025, as many as 26,565 villages across Indonesia have held initial deliberations on the establishment of the cooperatives.
He said their establishment is targeted to be completed by July 12 across Indonesia, and they will be launched nationally in August.
He highlighted that the village cooperatives are designed to serve as institutions that link the government's strategic programs.
The Indonesian government is targeting to establish 80 thousand Red and White Village Cooperatives across the country.
President Prabowo Subianto has issued Presidential Instruction Number 9 of 2025 on the Acceleration of the Red and White Village Cooperatives' Formation and formed a special task force to expedite the establishment of the 80 thousand cooperatives.
The cooperatives are envisioned as hubs of economic and social services for village communities, which would provide savings, loans, and clinic services, among other things.
Translator: Muhammad Harianto, Raka Adji
Editor: Aditya Eko Sigit Wicaksono
Copyright © ANTARA 2025
