JAKARTA - Deputy Minister of Finance Suahasil Nazara said the housing sector could encourage the Indonesian economy in the midst of global challenges because the housing sector uses local raw materials and Indonesian workers. This was conveyed at the BTN Priority Economic Outlook and Chinese New Year 2025 event with the theme "Year of Wooden Snake, Wisdom and Balance in the Midst of Global Economy Dynamics", Wednesday, February 5, 2025.
"The housing sector is one of the important agendas carried by the Government of President Prabowo Subianto and Vice President Gibran Rakabuming Raka, as stated in the Three Million Houses Program which carries the mandate of fulfilling three million residences per year in rural and urban areas," said Suahasil Nazara. Deputy Minister of Finance.
Suahasil added, BTN as a government partner in supporting financing for public housing is an important and inseparable element of the national housing ecosystem. In particular, Suahasil appreciated the role of BTN customers in Priority that supports the housing ecosystem through third party funds placed in BTN because these funds became raw materials to be channeled into construction loans to developers and mortgages to consumers, especially low-income people.
As a form of government support commitment to BTN's contribution to the housing sector, Suahasil emphasized that the government has provided funding in the form of Housing Financing Liquidity Facilities (FLPP), supported by various tax incentives and efficiency in the State Revenue and Expenditure Budget (APBN) so that the subsidies provided can be more targeted.
On the same occasion, President Director of BTN Nixon LP Napitupulu appreciated various government policies to support Indonesians to have livable and affordable houses.
"We hope that the stimulus from the Ministry of Finance and the Ministry of Housing and Settlements can encourage even faster growth in the housing sector and accelerate national economic growth better," said Nixon LP Napitupulu, President Director of BTN.
Nixon continued, through this Economic Outlook event, it is a form of BTN's commitment to support BTN customers. Priority in making decisions that are right in the midst of the dynamics of a global economy that is constantly changing and challenging.
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