{
    "success": true,
    "data": {
        "id": 1763676,
        "msgid": "ojk-new-funding-sources-needed-to-support-economic-growth-1780153638",
        "date": "2026-05-25 17:00:43",
        "title": "OJK: New funding sources needed to support economic growth",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "The Financial Services Authority (OJK) has emphasised the need for new financing sources beyond traditional banking to meet Indonesia's economic growth targets, with an estimated Rp8.6 trillion required by 2027. OJK's initiatives include deepening capital markets, promoting regional bonds, green economy, digital finance, and UMKM support to bolster long-term economic resilience and national prosperity.",
        "content": "<p>OJK Chairman Friderica Widyasari Dewi stated that Indonesia requires\nnew funding sources to support national economic growth targets amid\nhigh construction financing needs. \u201cLooking at economic growth targets,\nfor example in 2027, data from Bappenas indicates Indonesia needs\nsubstantial financing to support our economic growth, approximately\nRp8.6 trillion, if we are not mistaken. This cannot be supported solely\nby banking and other traditional sources; new funding sources must\nemerge,\u201d she said at the National Conference on Regional Economic\nDevelopment (KNPED) in Jakarta on Monday.<\/p>\n<p>Deepening financial markets as a source of development financing is\none of OJK\u2019s priority programs to support national economic growth.\nFriderica highlighted alternative funding sources from capital markets,\nincluding the development of regional bonds to support local\ninfrastructure projects. Additionally, OJK is working to enhance\nfinancial sector financing and strengthen the UMKM ecosystem and funding\nto support national economic growth.<\/p>\n<p>OJK also promotes green economy development through carbon economic\nvalue and sustainable finance, secure and integrity-driven digital\nfinance, strengthening the Islamic financial services sector, and\nimproving financial literacy, inclusion, consumer protection, and sector\nintegrity.<\/p>\n<p>Friderica noted that Indonesia\u2019s current economic growth remains\nbelow the potential rate needed for the country to become a developed\nnation. To achieve this goal, she said, more robust growth engines are\nrequired, including deeper and more diverse financing and strengthened\npublic confidence. The financial services sector must play a more\nstrategic role not only as an investment vehicle but also as a primary\nsource of long-term financing for the national economy.<\/p>\n<p>Regarding Regional Economic Development (PED) programmes, Friderica\nexplained they aim to optimise regional economic potential sustainably,\nparticularly in agriculture, creative economy, and tourism. The PED\nprogramme is currently active in 40 districts and cities across\nIndonesia. It emphasises sustainability through continuous\nimplementation, market deepening, and tangible benefits for communities,\nlocal governments, and businesses.<\/p>\n<p>Friderica stressed that cross-sector collaboration is key to\ntransforming regional strengths into productive advantages with real\nimpact. The PED programme is expected to generate economic effects such\nas increased investment, productivity, labour absorption, exports, and\npublic welfare\u2014primary goals for improving prosperity.<\/p>\n<p>She emphasised that optimism towards Indonesia\u2019s economy must be\nmaintained despite global challenges, by strengthening regional\neconomies as a key pillar of national growth. Through synergy and\ncollaboration, she hopes regional economic strengthening will continue\nto drive Indonesia toward becoming a more advanced and prosperous\nnation.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ojk-new-funding-sources-needed-to-support-economic-growth-1780153638",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}