OJK, Regional Govt Push for Expediting Equitable Financial Access in Southwest Papua

Translator

Antara

Editor

Petir Garda Bhwana

Minggu, 14 Juli 2024 15:20 WIB

A coffee vendor in Jayapura City, Papua, Indonesia, accepts payments through QRIS. (ANTARA/Qadri Pratiwi)

TEMPO.CO, Jakarta - The Financial Services Authority (OJK) and the regional government continue to encourage the acceleration of equitable access to finance in various regions, including in eastern Indonesia such as Southwest Papua, to help improve the community welfare there.

"Efforts to expand financial access need to continue in all regions," Head of the OJK Literacy, Financial Inclusion, and Communications Department Aman Santosa stated in Jakarta on Saturday, July 13, 2024.

"(This is) so that economic improvement can be achieved through concrete steps together in bringing all levels of society closer to financial products and services," he affirmed.

OJK's support for accelerating financial access in the region was carried out through the formation and inauguration of the Southwest Papua Regional Financial Access Acceleration Team (TPAKD) that was followed by a TPAKD Coordination Meeting throughout the Papua region in Sorong on Thursday, July 11.

The coordination meeting is expected to identify obstacles and challenges to TPAKD tasks and provide financial access in the Papua region so that effective and efficient policy recommendations can be formulated to improve the economy and community welfare.

Santosa stressed that the TPAKD plays an important role in providing flexible and affordable financial access.

Moreover, according to him, increasing financial literacy and consumer protection in the regions is also an intrinsic part of TPAKD's duties and functions.

The inauguration of the TPAKD for Southwest Papua Province brings their number across Indonesia to 523.

The TPAKD is expected to be a catalyst for other regions to establish and inaugurate more such teams.

TPAKD is a coordination forum between agencies and related stakeholders to expedite financial access in the regions to encourage regional economic growth and create a more prosperous society.

ANTARA

Editor's Choice: 29 Former Rebels in Southwest Papua Swear Allegiance to Indonesia

Click here to get the latest news updates from Tempo on Google News

Related News

Jayapura-Bound Trigana Air Plane Skids Off Runway in Yapen Islands

7 hari lalu

Jayapura-Bound Trigana Air Plane Skids Off Runway in Yapen Islands

A Trigana Air plane with the registration number PK YSP ATR 42-500 skidded off the runway at Stevanus Rumbewas Serui Airport in Yapen Islands, Papua.

Read More

Indonesia Issues Longest-ever 40-Year Bonds

17 hari lalu

Indonesia Issues Longest-ever 40-Year Bonds

The Indonesian Finance Ministry has issued a new series of Government Bonds (SUN) with a total value of Rp3 trillion.

Read More

Indonesia's OJK to Complicate Online Gambling Players to Access Financial Services

18 hari lalu

Indonesia's OJK to Complicate Online Gambling Players to Access Financial Services

Indonesia's Financial Services Authority (OJK) will blacklist online gambling players so that they cannot access financial services in the country.

Read More

Cartenz Peace Operation Issues Wanted List for New Zealand Pilot Muder Suspects

32 hari lalu

Cartenz Peace Operation Issues Wanted List for New Zealand Pilot Muder Suspects

The Cartenz Peace Operation has issued a Wanted List for five alleged perpetrators behind the murder of Glen Malcolm Conning,

Read More

OJK Greenlights Crypto Promotion from Influencers

34 hari lalu

OJK Greenlights Crypto Promotion from Influencers

OJK said that influencers on social media are allowed to promote crypto from official operators to disseminate financial literacy.

Read More

Papuan Organizations Slam BRIN's Plan to Relocate Local Artifacts to West Java

35 hari lalu

Papuan Organizations Slam BRIN's Plan to Relocate Local Artifacts to West Java

At least five demands from Papuan cultural agencies and observers are conveyed to protest the relocation plan.

Read More

New Zealand Responds to Helicopter Pilot Killing in Papua

41 hari lalu

New Zealand Responds to Helicopter Pilot Killing in Papua

New Zealand is liaising with Indonesian authorities to understand more about the circumstances surrounding Glen Conning's death.

Read More

High Literacy Does Not Mean Scam-Free; OJK Pushes for Law Enforcement Cooperation in Financial Sector

41 hari lalu

High Literacy Does Not Mean Scam-Free; OJK Pushes for Law Enforcement Cooperation in Financial Sector

Financial Services Authority (OJK) says that people's high level of financial literacy does not guarantee they will be safe from the traps of fraud.

Read More

List of 14 BPR Rural Banks Shut Down by OJK due to Collapse

41 hari lalu

List of 14 BPR Rural Banks Shut Down by OJK due to Collapse

So far in 2024, the Financial Services Authority (OJK) has revoked the business licenses of 14 banks across Indonesia, all of which are rural banks.

Read More

TPNPB-OPM Denies Responsibility for New Zealand Pilot Killing

41 hari lalu

TPNPB-OPM Denies Responsibility for New Zealand Pilot Killing

The West Papua National Liberation Army (TPNPB-OPM) has denied responsibility for the killing of New Zealand pilot Glen Malcolm Conning.

Read More