At the 2026 National Conference on Regional Economic Development, the Indonesia Financial Services Authority outlined progress on its Regional Economic Development Programme, saying the initiative launched in 2024 is now operating in 40 regencies and cities. The programme is intended to channel more inclusive, productive and targeted financing into sectors built on local economic strengths, with current implementation focused on agriculture and the creative economy. The model starts with mapping priority regional sectors, then building integrated collaboration across the authority, Bank Indonesia, the Ministry of Finance, local governments, financial institutions and other agencies, alongside capacity building for financing and the use of financial products to raise local value added. Current examples include coffee in South Sumatra, dairy in East Java, rice, corn and crab in Central Java, and film and creative content in Jakarta. Each programme ecosystem is expected to involve at least three types of financial services institution, and the authority said the approach could also be applied to tourism. The authority said it will continue strengthening cross-sector coordination to extend the programme to more regions in Indonesia and support national development through stronger regional value chains.
OJK2026-05-25
Indonesia Financial Services Authority outlines regional economic development programme covering 40 regencies and cities
The Indonesia Financial Services Authority reported that its 2024 Regional Economic Development Programme now operates in 40 regencies and cities, targeting inclusive, productive financing in sectors based on local strengths, currently agriculture and the creative economy. The model combines sector mapping, cross-agency collaboration and capacity building, with examples including coffee in South Sumatra, dairy in East Java, staple crops and crab in Central Java, and film and creative content in Jakarta. The authority plans to expand the programme to more regions and sectors, including tourism, to strengthen regional value chains and support national development.