“Supervision of the cooperatives’ operations will also be carried out together with the members, so that the transparency aspect of the cooperatives can be realized,” he said in a press statement issued here on Monday.
President Prabowo Subianto’s goal of forming 80 thousand Red and White Village Cooperatives has been achieved. As of 5:30 p.m. Western Indonesia Time (WIB) on Monday, 80,002 village cooperatives have been established in the country.
To ensure that the cooperatives operate as expected, Setiadi affirmed that the government has and will prepare strong policies and focus on measurable risk mitigation and cooperative digitalization.
These steps are important so that the program not only achieves its target in terms of numbers, but also in terms of implementation quality, and aligns with its objectives.
After the establishment of the village cooperatives, the next stage will be accelerating the legalization of the cooperatives, which is targeted for completion in late June 2025.
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The cooperatives will be inaugurated simultaneously on July 12, 2025, coinciding with National Cooperatives Day.
According to the minister, the formation of cooperatives in each village will make their economic ecosystem more resilient, independent, and inclusive.
The government is determined to create cooperatives that are productive and can provide concrete benefits to residents.
In the long term, the program will also focus on expanding market access for village products, strengthening logistics distribution, and opening new community-based jobs.
“These cooperatives are expected to become the driving force of the local economy that is based on local potential and wisdom,” he said.
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Translator: Shofi Ayudiana, Raka Adji
Editor: Rahmad Nasution
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