JAKARTA - The Center of Economic and Law Studies (Celios) revealed that the Red and White Village Cooperative Program (Kopdes) initiated by the government was not yet mature in planning. In fact, it has the potential to cause national economic losses.
Economic researcher Celios Dyah Ayu revealed that based on the results of her institution's analysis, this program could cause a decline in GDP by Rp9.85 trillion and a reduction in public income of up to Rp10.21 trillion.
"This negative impact even includes a decrease in employment absorption by more than 824,000 people, which suggests that this policy risks creating greater economic distortions," Dyah said in an official statement, Sunday, July 20.
According to Dyah, the potential loss shows the weak foundation of the program.
In addition, he also highlighted that many cooperatives do not yet have adequate Human Resources (HR).
"Many cooperatives are managed by managers with limited managerial capacity, making it difficult to manage resources and run business efficiently," said Dyah.
Meanwhile, Celios Economic Researcher Rani Septyarini explained that the performance of cooperatives over the past eight years in terms of assets and business volume has indeed increased, but there are still many cooperatives classified as ultra micro and micro industries.
"As much as 59.42 percent of our cooperatives have turnovers below IDR 300 million per year. The expansion of cooperatives must rely on quality portfolios and healthy liquidity. If the Red and White Cooperative scheme is forced without a mature risk assessment, then the credit spike can turn into a loss reserve pressure, which will then erode equity," he said.
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Rani mengatakan, terjadi penurunan laba dan aset pada Lembaga Keuangan Mikro (LKM) koperasi konvensional di tahun 2024 harus dilihat sebagai lampu kuning pembentukan Koperasi Merah Putih.
Menurut Rani, pemerintah perlu mengkaji kinerja koperasi selama ini apakah program Koperasi Merah Putih dengan menggunakan dana yang masif merupakan solusi atau justru beban.
“Jangan sampai dorongan ekspansi koperasi yang berbasis sentimen nasionalisme justru melemahkan ketahanan lembaga keuangan,” ujarnya.
- https://voi.id/ekonomi/496983/produk-as-bebas-bea-masuk-ke-ri-ekonom-undip-industri-dalam-negeri-terancam-kolaps
- https://voi.id/ekonomi/496976/ekonom-celios-sebut-pinjaman-kopdes-merah-putih-berpotensi-gagal-bayar-capai-rp85-96-triliun
- https://voi.id/ekonomi/496959/jelang-peluncuran-kopdes-merah-putih-id-food-pastikan-pasokan-produk-pangan-aman
Rani said, there was a decrease in profit and assets in the conventional cooperative Micro Financial Institution (LKM) in 2024 to be seen as a yellow light for the formation of the Red and White Cooperative.
According to Rani, the government needs to review the cooperative's performance so far whether the Red and White Cooperative program using massive funds is a solution or a burden.
"Don't let the push for cooperative expansion based on nationalism actually weaken the resilience of financial institutions," he said.
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