RI Has The Opportunity To Become A Global Leader Of Digital Finance, This Is The Factor

Deputy for Coordination of the Digital Economy, Manpower, and SMEs of the Coordinating Ministry for the Economy Mohammad Rudy Salahuddin. (Photo: Doc. ANTARA)

JAKARTA - Deputy for Coordination of the Digital Economy, Manpower, and Micro, Small and Medium Enterprises of the Coordinating Ministry for Economic Affairs (Kemenko Perekonomian) Mohammad Rudy Salahuddin assessed that Indonesia has the opportunity to become a global leader of digital finance (fintech).

"Various digital financial services, such as digital payments, digital lending, digital wealth and digital assurance, recorded a significant increase," Rudy told reporters, Thursday, November 30.

In addition, Rudy said, the value of Indonesia's digital economy this year has also controlled 40 percent of the ASEAN market share.

The value of Indonesia's digital economy reached 82 billion US dollars or grew by 8 percent from the previous year.

"By 2025, this value is predicted to increase to USD 109 billion and will continue to increase to reach USD 360 billion by 2030," he said.

Rudy hopes that related parties can encourage the growth of new innovations in the digital finance sector, so that later Indonesia will become a global leader in the fintech industry.

"We recognize that the challenges and opportunities ahead are huge. However, together, we have the potential to make Indonesia a global leader in fintech innovation," he added.