Detiktoday.com – To restore the Indonesian economy, the government has established a National Economic Recovery (PEN) program with various policies targeting the Indonesian people at large. The latest policy that is part of the PEN program is related to Regional PEN loans, Viability Gap Fund (VGF) and Fund Placement in Regional Development Banks (BPD) which are expected to restore the economy in the regions which will certainly have an impact on the national economy.
Minister of Finance Sri Mulyani Indrawati in a press conference after the signing of the Cooperation Agreement between the Provincial Government of DKI Jakarta and West Java Province with PT Sarana Multi Infrastruktur (Persero) together with the Governor of DKI Jakarta and the Governor of West Java in the Mezzanine Hall of the Djuanda I Building in the Ministry Finance on Monday (07/27).
“If the region has a good program, the central government will encourage it through spending from the Ministry / Agency. So we adjust to the wishes of the regions to really improve various social welfare indexes. Monitoring is certainly because although there are loans or there are no loans, transfers to the area are far greater. So, we will still monitor the area. We hope that all regional governments and regional leaders succeed because their success is synonymous with our national success in reducing poverty, improving welfare and others, “said the Minister.
DKI Jakarta Governor Anies Baswedan expressed his appreciation to the Ministry of Finance and PT SMI for the signing of a cooperation agreement between the local government and PT SMI.
“Thanks to the Minister, then also the entire Ministry of Finance and PT SMI because this is the first time we have obtained a loan through SMI. So, there are a number of sectors which will be assisted to finance one flood control, secondly improvement of drinking water services, thirdly waste management, fourthly improvement of transportation infrastructure, fifthly improvement of tourism and cultural infrastructure and also sports. So, Jakarta has a sizeable portion of the Indonesian economy, therefore if we can accelerate recovery in Jakarta it will have a national impact, “said the Governor of DKI Jakarta.
Meanwhile, West Java Governor Ridwan Kamil also conveyed the same thing and the objectives to be achieved with the receipt of regional loans.
“We would like to express our gratitude to the Minister of Finance and his staff, PT SMI, because West Java today received three extraordinary assistance. One regional loan, the second is VGF for an activity that has been eagerly awaited by the national namely waste to energy which must indeed be a leap in environmental management and waste in Indonesia. Third is the placement of government funds for economic recovery in our best bank, the BJB Bank. These three instruments are Insha Allah, we can move them as soon as possible in the remaining 6 months, especially for 2020, because the results of our study, Minister, we are between minus 2% or 2.3% positive. So, we will work hard to pursue the positive 2.3 percent. Because if West Java is hoisted, of course, the nation will also be brought up with our huge population, “concluded the Governor of West Java.