{
    "success": true,
    "data": {
        "id": 1712221,
        "msgid": "prabowo-to-roll-out-kur-with-5-percent-annual-interest-rate-1777611215",
        "date": "2026-05-01 10:42:48",
        "title": "Prabowo to Roll Out KUR with 5 Percent Annual Interest Rate",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Social Policy",
        "summary": "President Prabowo Subianto has instructed state-owned banks to soon disburse People's Business Credit (KUR) at a maximum interest rate of five percent per year, aimed at easing the financial burden on small-scale workers, farmers, and fishermen who often face exorbitant loan rates. In his speech at the International Labour Day commemoration in Jakarta, he also outlined a housing ownership programme for workers, converting monthly rental payments into mortgage instalments to promote long-term affordability and stability. These initiatives underscore the government's commitment to enhancing the welfare of the working class through accessible financing and housing solutions.",
        "content": "<p>President of the Republic of Indonesia Prabowo Subianto has affirmed\nthat the government will soon disburse People\u2019s Business Credit (KUR)\nwith a maximum interest rate of five percent per year to improve the\nwelfare of small-scale citizens. \u201cI have already instructed the\nstate-owned banks that shortly we will disburse KUR at a maximum of five\npercent per year,\u201d said President Prabowo in his speech at the\nInternational Labour Day commemoration at the National Monument (Monas)\nin Jakarta on Friday. The President explained that this policy is being\nimplemented because small-scale communities, including labourers,\nfarmers, and fishermen, have long been trapped by very high loan\ninterest rates. According to him, people\u2019s income should not be depleted\njust to pay burdensome loan interest. Regarding labourer welfare,\nPrabowo has launched a housing ownership programme to reduce the burden\nof rental costs. The government is striving to ensure that the monthly\nrental costs paid by labourers can become instalments for home ownership\nthrough the housing programme that the government will implement. The\nPresident also paid attention to the tenor that facilitates labourers in\nrepaying mortgages, making it more flexible and long-term. \u201cEarlier I\nsaid your income of 30 percent is for rent, later we will assure you\nthat you will own that house. So the 30 percent that was for rent, we\nwill reduce it, that is for you to instal your own house,\u201d said the\nPresident in explanation. President Prabowo attended the International\nLabour Day celebration, which was welcomed by several labour leaders\npresent, including the President of the All-Indonesian Labour\nConfederation (KSPSI) Andi Gani Nena Wea and the General Chairman of the\nIndonesian Labour Confederation (KSPI) Said Iqbal. Accompanying\nPresident Prabowo at the event were State Secretary Minister Prasetyo\nHadi, Manpower Minister Yassierli, Minister of Environment Jumhur\nHidayat, and Cabinet Secretary Teddy Indra Wijaya. In addition, Deputy\nManpower Minister Afriansyah Noor, Deputy Chairman of the DPR Sufmi\nDasco Ahmad, Head of Government Communication Agency Muhammad Qodari,\nand National Police Chief General Pol. Listyo Sigit Prabowo were also\npresent.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/prabowo-to-roll-out-kur-with-5-percent-annual-interest-rate-1777611215",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}