BPKP Strengthens Oversight of Government Program Loans through Cross-Sector Collaboration

Deputy for State Accountant of BPKP, Iwan Taufiq Purwanto, at the 2026 People's Credit Supervision Coordination Forum. (Photo: BPKP doc)

JAKARTA - The Financial and Development Supervisory Agency (BPKP) has strengthened the supervision of government credit programs through cross-sector collaboration to ensure that the disbursement of financing is effective, accountable, and targeted.

The effort is the focus of the 2026 People's Business Credit (KUR) Coordination Forum (Forkorwas) held in Jakarta, Monday, July 6.

Deputy Head of the State Accountant of the BPKP, Iwan Taufiq Purwanto, said that the increasing variety of credit schemes for government programs requires an integrated oversight mechanism to be able to support the achievement of national development goals.

According to Iwan, the government is currently not only implementing the KUR program, but also developing various other financing schemes, such as Agricultural Equipment and Machine Loans (Alsintan), Solid Work Industry Loans (KIPK), and Housing Program Loans.

Furthermore, Iwan said, each program has strategic objectives, ranging from expanding access to financing for MSMEs, supporting food security, increasing industrial productivity, to accelerating the provision of housing for the community.

Therefore, said Iwan, the Coordination Forum for Supervision needs to be expanded in scope so that it does not only focus on KUR, but also includes all government program credits.

"Supervision is not only directed at compliance with provisions, but also ensures the achievement of outputs and outcomes so that each program really provides benefits for the community and supports national development goals," he said in an official statement, Monday, July 6.

Meanwhile, the Chairperson of the Financial Services Authority (OJK) Audit Board, Sophia Isabella Wattimena, assessed that inter-institutional synergy was the key to ensuring that the distribution of KUR could take place effectively, accurately, quality, and sustainably.

Sophia said that the distribution of credit to the MSME sector until May 2026 still showed positive performance. The value of MSME credit was recorded at around IDR 1,509.7 trillion or equivalent to 16.93 percent of the total national banking credit.

"This growth was mainly driven by an increase in loans to the micro and medium business segments," he said.

Similarly, Deputy for Business Management and Development of State-Owned Enterprises of the Coordinating Ministry for Economic Affairs, Ferry Irawan, said that the 2026 KUR Forkorwas had set four priority follow-up actions to strengthen governance, improve the quality of distribution, and ensure that the KUR program provides optimal benefits for MSME actors and the national economy.

Through this cross-sector collaboration, the government hopes that supervision of various program loans can be more effective so that each financing scheme can provide a real impact for the community while supporting national economic growth.