JAKARTA - The government targets that until March 31, 2025, the distribution of People's Business Credit (KUR) is IDR 55.4 trillion.
Spokesperson for the Coordinating Ministry for Economic Affairs Haryo Limanseto conveyed that the distribution was in order to strengthen the competitiveness of MSMEs and encourage domestic consumption and investment.
Haryo said that this step is expected to contribute to achieving the economic growth target by 2025.
"The realization of KUR in the period January 2025 to February 21, 2025 has reached IDR 28.73 trillion or around 9.99 percent of the 2025 target of IDR 287.47 trillion," he said in his statement, Monday, March 3.
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Haryo conveyed that the realization of the distribution of KUR had been given to 531,148 debtors in various productive sectors.
According to him, the distribution of KUR is focused on priority sectors that have a big impact on the economy.
Haryo added that these sectors include agriculture, trade, and manufacturing, as well as supporting digital-based economic transformation for MSMEs.
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