ESPNWhy Warriors-Lakers was the quiet end of an incredible NBA eraInquirer6 nabbed as cops seize P2.1-M ‘shabu’ in Metro ManilaESPN DeportesCómo le fue a Flick en los Clásicos y contra MourinhoThe Jerusalem PostIlhan Omar to move out of DC home following federal raid, accuses Trump of political intimidationDaily MaverickDISEASE DISASTER: Angry neighbours, game sales in jeopardy as Addo’s foot-and-mouth disease crisis deepensInquirer EntertainmentAngela Muji, Rabin Angeles show there’s more to them than ‘Dating Alys Perez’Bollywood HungamaRs. 3,170 for ONE ticket! Ranbir Kapoor’s Ramayana commands SHOCKING prices for IMAX recliners in Mumbai; Insignia rates touch Rs. 2,370ZDF heuteAktuelle Pressemitteilungen des ZDFVariety‘The Odyssey’ Artisans Talk Bringing Christopher Nolan’s Epic to Life With Practical Sets and Thousands of Costumes at Middleburg Film FestPremium TimesOnline Global Leadership Conference: Leadership that holds under pressureConsequenceAnuel AA Announces Corridos Album, Maluma Reveals Plans to Explore Música MexicanaSRF NewsKandidatur für den Bundesrat – Bundesrat: Tessiner Ständerat Marco Chiesa steht zur Verfügung
The Daily Newsstand · Free, Always
Thursday, October 22, 2026

Prabowo targets Rp400 trillion loans for 28 million families in 2027

Translate

Jakarta (ANTARA) - Indonesian President Prabowo Subianto highlighted the government's target of disbursing up to Rp400 trillion (more than US$22 billion) in loans in 2027 to boost the productivity of 28 million beneficiary families.

Speaking at the National Coordination Meeting of Regional Financial Access Acceleration Teams (TPAKD) in Jakarta on Thursday, he said the lending program is expected to reach various segments of society.

Prabowo noted that the government is targeting farmers, fishers, rural communities, low-income urban residents, and people living in underdeveloped, frontier, and outermost regions.

The loans are projected to benefit around 100 million Indonesians nationwide, assuming an average of four people per family, he added.

He also emphasized the government's commitment to placing public welfare at the center of its economic policy direction, stressing the importance of strengthening household purchasing power.

"The nation's true economic strength must be genuinely felt by the people: by farmers in villages; by fishers in coastal regions; by merchants at markets; by micro, small, and medium enterprises (MSMEs); and by mothers striving to support their families' finances," Prabowo affirmed.

In this regard, the president urged all government institutions to translate public welfare goals into concrete measures.

"True welfare is reflected in real increases in people's income. Every family must have real purchasing power. This is what we are fighting for," he remarked.

On the same occasion, Prabowo praised the Financial Services Authority (OJK), ministries, and regional governments for enabling the establishment of TPAKDs in all provinces, districts, and cities by the end of 2024.

He also symbolically marked the disbursement of Rp53.15 trillion (approximately US$3 billion) in loans to around 2.1 million debtors, including MSMEs, farmers, fishers, and entrepreneurs from various sectors.

Related news: Indonesia disburses $2.95 bln in productive loans to 2.1 mln borrowers

Related news: Bank Indonesia urges small businesses to improve governance for loans

Related news: Indonesia issues four policies to support MSMEs in energy sector: Govt

Translator: G. Tenri, Tegar Nurfitra
Editor: Azis Kurmala
Copyright © ANTARA 2026

View the original on Antara News →

KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.