Chairman of the OJK Board of Commissioners Mahendra Siregar stated during a working meeting with Commission XI of the House of Representatives (DPR RI) in Jakarta, as quoted on Friday, that the first direction focuses on optimizing the financial sector’s contribution to priority government programs.
This includes support for the Free Nutritious Meal (MBG) initiative, the development of 3 million housing units for low-income families (MBR), and the advancement of regional leading commodities. Additionally, OJK provides financing flexibility to boost future export sectors.
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The second direction focuses on developing the financial sector for inclusive and sustainable growth.
This involves deepening financial markets, expanding access through financial literacy and inclusion initiatives—including digital finance—and providing broader access via diversified financial instruments. These efforts also align with Indonesia’s net-zero emissions commitment.
The third strategic direction is to strengthen the capacity and supervision of the financial sector. According to Mahendra, this includes enhancing institutional capacity, improving supervision, fostering industry consolidation, and integrating supervisory technology into the oversight process.
The fourth and final direction is to improve integrity enforcement and consumer protection within the financial sector. This includes refining the financial integrity enforcement ecosystem through cooperation with relevant ministries and agencies.
The OJK is also ramping up the performance of the Task Force for Combating Illegal Financial Activities (Satgas PASTI) and the Indonesia Anti-Scam Center (IASC).
The regulator is developing an integrated fraudster database and implementing anti-fraud strategies across financial institutions.
“Our key priorities for financial sector development have been defined and will be executed through targeted programs up to 2027–2028, with concrete outcomes for each segment,” Mahendra stated.
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Translator: Primayanti
Editor: Rahmad Nasution
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