"This program is designed to break the distribution chain of loan sharks and middlemen while also providing villagers with access to capital and basic goods," Setiadi remarked after the 78th National Cooperatives Day (Harkopnas) ceremony at the Ministry of Cooperatives in Jakarta on Saturday.
He emphasized that cooperative activities will be conducted transparently, utilizing digital or cashless transactions.
Setiadi expressed confidence that the program would be collectively safeguarded. The ministry is working with legal institutions, including the Corruption Eradication Commission (KPK) and the Attorney General’s Office, through the Guard the Village program.
Related news: Prabowo to launch village cooperatives nationwide in Klaten
The minister remarked that oversight can also be carried out by the public, as community participation is central to the cooperative movement.
He stated that the 78th Harkopnas is an opportunity to revitalize cooperatives and the people's economy throughout Indonesia.
"It is hoped this commemoration will inject new energy and spirit into building a cooperative-based economy founded on mutual cooperation and collective growth," he affirmed.
The minister also confirmed that President Prabowo Subianto will officially launch the Red and White Village Cooperatives program, involving 80,560 cooperatives, in Klaten, Central Java, on July 19, 2025.
"We are finalizing preparations for the launch next week in Bentangan Village, Klaten District," he remarked.
Related news: Govt to establish village cooperatives as shield against loan sharks
Translator: Baqir, Azis Kurmala
Editor: Rahmad Nasution
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