{
    "success": true,
    "data": {
        "id": 1946195,
        "msgid": "govt-sets-rp3-mln-aid-for-disaster-hit-sumatra-micro-businesses-1787917845",
        "date": "2026-08-28 18:01:41",
        "title": "Gov't sets Rp3 mln aid for disaster-hit Sumatra micro businesses",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian government will provide Rp3 million in direct cash assistance to more than 400,000 micro-entrepreneurs in three Sumatran provinces affected by the late 2025 floods and landslides, with around Rp600 billion allocated for 2026 and an equal amount for 2027. Priority is given to businesses without active bank loans, while those with outstanding People's Business Credit will receive separate relief including interest subsidies and loan restructuring. A multi-tiered verification system involving local government recommendations is being used to ensure the funds reach eligible recipients and support local economic recovery.",
        "content": "<p>Quoted from a press release on Friday, MSMEs Minister Maman\nAbdurrahman said the aid will be rolled out in phases throughout 2026\nand 2027.<\/p>\n<p>The business rehabilitation program aims to speed up economic\nrecovery for communities affected by devastating floods and landslides\nthat struck the three provinces in late 2025.<\/p>\n<p>The aid will be transferred directly into the bank accounts of\nrecipients, with the government allocating around Rp600 billion (US$33.9\nmillion) in 2026 and an equal amount for 2027.<\/p>\n<p>The initiative targets more than 400,000 affected micro-entrepreneurs\nwho do not currently hold active bank loans, including the government\u2019s\nsubsidized People\u2019s Business Credit (KUR) scheme.<\/p>\n<p>Maman emphasized that priority is being given to micro-businesses\nwithout access to commercial bank financing, helping them get their\ndaily operations back on track.<\/p>\n<p>Meanwhile, business owners affected by disasters who hold active KUR\nloans will receive separate relief support schemes. These include\ninterest rate subsidies\u2014dropping to 0 percent in 2026 and 3 percent in\n2027\u2014alongside loan restructuring options, such as tenure\nextensions.<\/p>\n<p>Nevertheless, former KUR borrowers who have paid off their loans\nremain eligible for the grant, provided they meet the criteria.<\/p>\n<p>To ensure the aid truly reaches the intended targets, the Ministry of\nMSMEs is implementing a multi-tiered verification system to register\neligible recipients.<\/p>\n<p>Candidate data must first be submitted and approved by local\ngovernments through district heads or mayors, before being verified by\nthe ministry.<\/p>\n<p>\u201cAs a fundamental rule, we will not accept any data outside of the\nregional leaders\u2019 recommendations. MSMEs with active KUR loans will be\nfiltered out automatically by the system,\u201d Maman explained.<\/p>\n<p>He urged local authorities to tighten coordination and ensure\ncandidate data accurately reflects the status of disaster-affected\nentrepreneurs, allowing the relief funds to be disbursed swiftly to\nrestore local economic activity.<\/p>\n<p>Related news: Sumatra post-disaster MSME recovery to continue through\n2028<\/p>\n<p>Related news: Govt launches MSME recovery scheme for disaster-hit\nSumatra provinces<\/p>\n<p>Related news: Festival spurs North Sumatra\u2019s regional MSME economic\ngrowth<\/p>\n<p>Translator: Shofi Ayudiana, Raka Adji<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/govt-sets-rp3-mln-aid-for-disaster-hit-sumatra-micro-businesses-1787917845",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}