{
    "success": true,
    "data": {
        "id": 1821245,
        "msgid": "celios-policy-to-maintain-subsidised-mortgage-interest-rates-is-appropriate-1782294890",
        "date": "2026-06-24 15:53:29",
        "title": "Celios: Policy to Maintain Subsidised Mortgage Interest Rates is Appropriate",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Economist Nailul Huda from Celios has endorsed the government's decision to keep subsidised mortgage interest rates at 5 per cent despite Bank Indonesia raising its benchmark rate. He argues the policy eases the burden on low-income communities amid weakening purchasing power. The Housing Minister confirmed the flat 5 per cent rate will remain throughout the loan tenure to support affordable home ownership.",
        "content": "<p>Economist Nailul Huda from the Center of Economics and Law Studies\n(Celios) has assessed that the government\u2019s policy of maintaining the\nsubsidised mortgage (KPR) interest rate for low-income communities (MBR)\nis appropriate. \u201cTherefore, the government is correct not to raise the\nsubsidised mortgage interest rate, even though Bank Indonesia (BI) has\nraised its benchmark rate,\u201d Nailul said when contacted by ANTARA in\nJakarta on Wednesday. According to him, amidst the current economic\nconditions where purchasing power is weakening, the government\u2019s policy\nof keeping the subsidised mortgage interest rate at 5 per cent helps\nease the burden on the public. \u201cThe People\u2019s Housing Credit (KPR) for\nsubsidised homes is a government programme to provide housing for\nlow-income communities. So there must be government support for people\nwho have taken or will take out a subsidised mortgage,\u201d he said. For\ncontext, Minister of Housing and Settlement Areas (PKP) Maruarar Sirait\nhas confirmed that the interest rate for subsidised housing will not\nincrease and will remain at a flat rate of five per cent from the\nbeginning to the end of the instalment period. Maruarar, known as Ara,\nsaid that despite the increase in the BI Rate, the government is\nmaintaining the interest rate for the Housing Financing Liquidity\nFacility (FLPP) at 5 per cent so that people can obtain homes with\naffordable instalments. Ara considers the KPR housing financing\nprogramme with the FLPP scheme to be in high demand among developers and\nto make it easier for the public to own liveable homes. The availability\nof housing financing through KPR FLPP, he added, is a concrete step by\nthe government to encourage people to own liveable and affordable homes.\nBanks and housing developers have also frequently requested that the PKP\nMinistry continue the KPR FLPP programme to support the success of the 3\nMillion Homes Programme, in line with the vision and mission of\nPresident Prabowo Subianto.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/celios-policy-to-maintain-subsidised-mortgage-interest-rates-is-appropriate-1782294890",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}