Indonesian Political, Business & Finance News

Credit for farmers, SMEs unpaid

| Source: JP

Credit for farmers, SMEs unpaid

SURAKARTA, Central Java: Bad debts among farmers and small-
and medium-scale enterprises (SME) have reached Rp 8.7 trillion
(US$966 million), State Minister of Cooperatives and Small and
Medium Enterprises Suryadharma Ali said.

Suryadharma said the government could not just write off the
debts as there were many debtors who had consistently paid their
monthly installments.

"I have learned that some people are regularly paying their
loans in credit, some can no longer afford to pay and the rest
deliberately evade their responsibilities," he said.

He said he would find a solution to the bad debts within his
first 100 days in office. -- Antara

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