The Government Affirms Commitment To Realize Inclusive And Sustainable Digital Transformation

The Indonesian Digital Financial Economy Festival (FEKDI) and Indonesia Fintech Summit and Expo (ISEF) 2025 (doc the Coordinating Ministry for Economic Affairs)

JAKARTA - Plt. Secretary General of the National Council for Special Economic Zones (KEK) Rizal Edwin Manansang conveyed that the 2025 Digital Financial Economy Festival (FEKDI) and Indonesia Fintech Summit and Expo (ISEF) were not just festival events, but the spirit of collaboration and national digital innovation that continues to grow towards an inclusive, efficient, and sustainable economic transformation.

"FEKDI and IFSE this year are not just festivals. This is a reflection of the spirit of national digital collaboration and innovation that continues to grow towards an inclusive, efficient and sustainable economic transformation," he said in his statement, quoted on Sunday, November 2.

According to him, the government's commitment to accelerating digital transformation is clearly seen through various series of FEKDI x IFSE 2025 activities, including the High Level Talk session which emphasizes the importance of inter-institutional synergy in order to accelerate the transformation of the national digital economy according to the direction of RPJMN 2025 2029

He added that the value of Indonesia's digital economy has reached 90 billion US dollars by 2024 and is projected to increase to 360 billion US dollars by 2030, describing the huge potential of the digital sector as a motor of new economic growth.

Rizal said cross-sectoral collaboration is the main foundation for building sustainable innovation.

"Through discussion sessions, financial technology exhibitions, as well as the Hackathon and QRIS Exploring competitions, we have seen various digital solutions that are not only creative, but are also relevant to the real needs of the community," he added.

In addition, Rizal also highlighted the success of financial innovation or resource-efficient innovation, as well as the important roles of fintech sectors such as digital lending, infrastructure, and wealthtech in expanding financial access for unbanked and underserved communities.

He gave an example of the achievement of QRIS, which until mid-2025 has been used by more than 39 million merchants with double-digit transaction growth every year.

Furthermore, he explained that the government continues to strengthen digital payment system cooperation such as QRIS and neighboring countries, as well as encourage Indonesia's active involvement in the formation of the Digital Economy Framework Agreement (DEFA) and the OECD membership process.

Rizal emphasized that digital transformation must be inclusive, ensuring that MSMEs, women, youth, and local communities also enjoy the benefits of the digital economy evenly.

"In the future, the government hopes that FEKDI and IFSE will continue to be an inspiring and consolidating annual activity for all digital stakeholders in Indonesia, towards a digital ecosystem that is resilient, innovative, and inclusive, in line with Indonesia's vision of Golden 2045," he explained.

Meanwhile, Deputy for Commercial and Digital Economy Coordination of the Coordinating Ministry for the Economy Ali Murtopo Simbolon in the High Level Talk session emphasized that collaboration between the Government, Bank Indonesia, and the Financial Services Authority (OJK) continues to be strengthened to increase national financial literacy and inclusion.

"Through cross-institutional synergies and collaboration, it is hoped that digital infrastructure development policies, expansion of access to financing, and increasing digital literacy can run in a harmonious and inclusive manner, including for communities in the 3T area," he said.

He also highlighted the importance of developing data centers as strategic infrastructure in strengthening data sovereignty and the national digital economy ecosystem.

According to him, this effort is believed to be able to attract investment, create new jobs, and open up opportunities for technology-based industries.

On the same occasion, Senior Deputy Governor of Bank Indonesia Destry Damayanti, emphasized that cross-sectoral synergy is very important so that innovation has a long-term impact and does not stop as a temporary euphoria. Collaboration, according to him, is the key to achieving bigger results.

He also highlighted the launch of QRIS Tap In and Tap Out for five modes of transportation as well as the Sandbox QRIS Crossborder Indonesia 'South Korea' initiative as a real step to expand the national digital payment ecosystem.

At the regional and global levels, the government continues to strengthen digital economic cooperation, including through ASEAN DEFA which is targeted to be completed by 2026 and is expected to contribute to the achievement of the ASEAN digital economy value of US$2 trillion by 2030.

In addition, the government is also taking advantage of the IEU-CEPA agreement to accelerate investment and the adoption of cross-sectoral digital technology, especially in the financial sector.