Coordinating Minister for Economic Affairs Airlangga Hartarto said that as many as 71,000 customers had been facilitated to remove credit collections for micro, small and medium enterprises (MSMEs).

The policy is in accordance with the direction of President Prabowo Subianto as stated in Government Regulation (PP) Number 47 of 2024 concerning removing bad credit collections at state-owned banks.

"It has been done to delete debts and delete collections and from the monitor that most of the collections deleted is Bank BRI. So this recommendation was not recorded earlier. If I'm not mistaken, IDR 71,000 of customers, sir. approximately IDR 71,000 of people's debts have been collected by BRI," said Airlangga at the BRI Microfinance Outlook 2025 event, Thursday, January 30.

Airlangga explained that the effort to remove MSME credit collection was the government's commitment to the community in supporting the development of the MSME business.

According to Airlangga, this is in line with MSMEs which are the backbone of the Indonesian economy, and absorb the most labor.

Previously, Minister of Micro, Small and Medium Enterprises (MSMEs) Maman Abdurrahman stated that the government removed debt bills for 67 thousand MSME customers throughout Indonesia with a total value of around IDR 2.5 trillion.

Maman, who was met after attending a limited meeting of the Red and White Cabinet, at the Presidential Palace, Bogor, West Java, Friday, January 3, 2025, called this policy the first step of the government's target to abolish all receivables of 1 million MSMEs worth more than IDR 14 trillion.

"What has been deleted by books is 1 million MSME entrepreneurs spread throughout Indonesia. To enter the collection to date, our potential can be 67 thousand," he also said.

Removing books is an administrative action taken to remove bad credit from the balance sheet, without deleting collection rights from debtors.

While deleting collections is an act by banks to remove debtors' obligations on loans that cannot be settled by eliminating collection rights.

"This means that customers who have deleted books can be whitened, so they can return to obtaining financing facilities," he said.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)