Jakarta (ANTARA News) - Chief Economic Minister Hatta Rajasa said the government had provided Rp29 trillion in smallholders` business credit (KUR) funds to small enterprises in 2011.

"The total number of KUR recipients in 2011 reached six million. Some 600 thousand of the recipients have changed and become commercial businesses. They were previously non-bankable but have now become bankable. We hope their number will continue to increase," Hatta Rajasa said here on Tuesday.

Hatta made the remarks in a press conference after attending a coordination meeting with Industry Minister MS Hidayat, Cooperative and Small and Medium Enterprise (SME) Minister Syarief Hasan and other relevant state officials.

The total KUR credits which were channeled in 2011 exceeded the target which was set in 2011 at Rp20 trillion.

Therefore, the government set a target of KUR provision in 2012 at Rp30 trillion, the coordinating minister for economic affairs said.

"Of the total KUR allocation in 2012, about 50 percent will be channeled to the people by bank BRI, Therefore, we ask Bank BRI to continue to increase the credit extension coverage up to villages in rural areas," Hatta Rajasa said.

(SYS/A014/H-YH)

Editor: Suryanto
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