Sri Mulyani Will Use More Budget Remains For Injecting The Red And White Kopdes
JAKARTA - Minister of Finance (Menkeu) Sri Mulyani ensured that the capital of the Red and White Village Cooperative (Kopdes) would not interfere with banking liquidity. This is because the budget used for the Red and White Kopdes capital injection does not come from third party funds (DPK).
Ani, her nickname, said the government had prepared funds through the state budget (APBN). Later, the funds taken come from more budget balances (SAL). The 2024 APBN SAL funds were recorded at IDR 457.5 trillion.
"Funding supported by the government yesterday includes those that we used our SAL funds in Bank Indonesia. Disbursed through loan facilities from banks," he said at a press conference on the results of the KSSK III 2025 Periodic Meeting, at the LPS Office, Jakarta, Monday, July 28.
Ani targets the total capital for the Red and White Kopdes to reach Rp400 trillion, which will be distributed to 80,000 cooperative units of all villages in Indonesia.
"This is to answer, does the cooperative take liquidity from the DPK? No, we place funds in the bank. So that banks get funds and even the cost of placing these funds is relatively cheap," he said.
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Furthermore, Ani said the loan capital prepared by the government was channeled through four Himbara banks, namely BRI, BNI, Mandiri and Bank Syariah Indonesia (BSI).
"So it's not a matter of allotment for each cooperative to be able to get that much but to make a proper due diligence so that the loan can really be used in building the village and sub-district economy," he explained.