JAKARTA - The Financial Services Authority (OJK) has reaffirmed its commitment to strengthening the financial services sector as an accelerator of regional economic growth through inclusive, productive, and targeted financing, especially in the flagship sector based on local potential.
The Chairperson of the OJK Commissioner Board, Friderica Widyasari Dewi, said that the current global geopolitical conditions were still causing uncertainty in various countries, including Indonesia.
However, he added that the national economy showed a positive performance with economic growth reaching 5.61 percent in the first quarter of 2026.
According to him, this achievement is an important momentum to strengthen the role of the financial services sector in encouraging national and regional economic growth.
"We see that in fact our current economic growth rate is actually below the potential growth level needed to bring Indonesia to a higher class as a developed country," he said at a national press conference on regional economic development, Monday, March 25.
He assessed that Indonesia still needs new engines of economic growth in order to achieve the target of becoming a developed country as proclaimed by President Prabowo Subianto.
"To achieve this great ambition, of course, we need more solid growth engines, new economic growth engines supported by a deeper and more diverse financing base, and of course by continuing to maintain the trust of our consumers and society," he explained.
In this context, Friderica, who is familiarly called Kiki, explained that his party would encourage the financial services sector not only to be a means of investment for the community, but also as a source of long-term financing for national development.
Kiki added that OJK also emphasized that investment in the Indonesian capital market must be seen as a long-term investment supported by the fundamentals of the national economy.
"Therefore, we must always look at how our economic fundamentals in the future and how all the efforts we make to continue to support financing which is also supported by the banking sector, of course, supported by other sectors, especially also from the capital market," he explained.
To support economic growth, Kiki said that OJK had carried out a number of strategic programs, including increasing financing for the financial services sector, strengthening the ecosystem and financing MSMEs, deepening the financial market, developing a green economy, strengthening digital finance, developing the sharia financial services sector, and strengthening financial literacy and inclusion programs.
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