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JAKARTA - The Financial Services Authority (OJK) launched a Financial Literacy and Inclusion Service program to My Region (Layarku) as part of efforts to encourage increased financial literacy and inclusion throughout Indonesia.

OJK Chief Executive of Supervision, Education and Consumer Protection Friderica Widyasari Dewi said that literacy improvement programs are an important part of consumer protection in order to avoid disputes and disputes in the future.

"For my screen, I appreciate the Regional OJK 6 Sulampua Office with all the teams that are always supportive, and we are waiting for his works which of course we will support," he said in a written statement on Monday, September 11.

According to Friderica, OJK will continue to increase collaboration with local governments in the delivery of financial education and acquisition of the use of financial service products/services.

"We will continue to support the increasing economic productivity of the community so as to accelerate economic growth in the regions," he said.

On the same occasion, the Governor of South Sulawesi, represented by Assistant II of the Economy and Development, Ichsan Mustari, supported the OJK initiative through the Layarku program.

The South Sulawesi is known as the city of merchants, which indicates that its financial inclusion is faster than its literacy. So it remains only to strengthen literacy, in line with the OJK how to provide correct financial services knowledge," he said.

Based on the results of the National Survey on Financial Literacy and Inclusion (SNLIK) in 2022, it shows that the financial literacy index in South Sulawesi is 36.88 percent (national: 49.66 percent) and the financial inclusion index reaches 88.57 percent (national: 85.10 percent).

Meanwhile, specifically for the financial literacy index in South Sulawesi based on urban and rural categories, survey results in 2019 showed that the financial literacy index in urban areas was 38.54 percent much higher than in rural areas which had only reached 26.32 percent.

Meanwhile, the LAYARKU program is implemented in all regencies/cities throughout South Sulawesi and West Sulawesi, which will reach up to 3,701 villages including 383 islands, including underdeveloped villages.


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