OJK: Financial Inclusion Increases, The Economy Gets Stronger

Illustration (Photo: Doc. OJK)

JAKARTA - The Financial Services Authority (OJK) is said to continue to accelerate the expansion of public access or financial inclusion to support the government's priorities in improving welfare and encouraging national development.

Member of the OJK Board of Commissioners Friderica Widyasari Dewi said that the ease of access to finance makes people have the opportunity to make more optimal use of financial products and services.

"To achieve this goal, OJK encourages the acceleration of the addition of the number of savings accounts," he said in a press statement on Friday, October 7.

In addition, the authorities are currently also holding the 2022 Financial Inclusion Month (BIK) throughout October. Friderica explained, since 2016 the OJK has initiated BIK as an important step to encourage the achievement of a 90 percent financial inclusion target by 2024.

This program focuses on several things, such as coordination between related agencies and stakeholders, encouraging all students to have savings accounts, to efforts to provide credit and official financing to prevent the development of moneylenders who are troubling the community.

"The expansion of access to finance for all citizens will help strengthen the national economy," he stressed.

Meanwhile, the peak of BIK activities will be held by Financial Expo (FinEXPO) on 26 October 30, 2022 at Central Park Mall, West Jakarta.

On this agenda, several activities will be carried out, including the exhibition of financial/service products and MSMEs, business matching, financial education as well as campaigns for financial literacy and inclusion programs.