Indonesia's Financial Services Authority (OJK) published a press release announcing the launch of a financial literacy pocketbook for Indonesian migrant workers, developed with the Ministry for the Protection of Indonesian Migrant Workers (KP2MI) and Bank Indonesia. The pocketbook is positioned as a practical guide for migrant workers and their families to manage finances safely and sustainably, and to strengthen financial protection and inclusion for this priority segment under Indonesia’s National Strategy for Financial Literacy 2021–2025. The release highlighted the scale of migrant-worker remittances as a driver of financial inclusion, citing KP2MI and Bank Indonesia data that 2024 remittances totalled IDR 251–263 trillion (around 1% of national GDP) from more than 3.9 million Indonesian migrant workers. It also reported an average remittance per worker of around IDR 64 million per year, or IDR 5.3 million per month, and included warnings on safeguarding personal data and avoiding fraud involving misuse of accounts or identities. OJK, KP2MI, and Bank Indonesia plan to widen financial education outreach to migrant-worker communities across regions including West Java, West Nusa Tenggara, East Java, Central Java, Lampung, and Bali. The education programme is set to be integrated into Pre-Departure Orientation so migrant workers receive financial literacy guidance before leaving Indonesia.
OJK 2025-11-10
Indonesia's Financial Services Authority launches a financial literacy pocketbook for Indonesian migrant workers
Indonesia's Financial Services Authority (OJK), with the Ministry for the Protection of Indonesian Migrant Workers (KP2MI) and Bank Indonesia, launched a financial literacy pocketbook for migrant workers. The initiative aims to enhance financial management and protection for migrant workers, whose remittances significantly contribute to financial inclusion. Plans include expanding financial education outreach to various regions and integrating guidance into Pre-Departure Orientation.