Bakrie Supports Prabowo’s Debt Relief Initiative for Farmers, Fishermen

Jakarta, VIVA – President Prabowo Subianto plans to cancel the debts of 6 million farmers and fishermen held by banks. To execute this plan, the government will issue a presidential regulation.

The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Bakrie, expressed his support for the debt cancellation, believing it will help farmers and fishermen revive their businesses.

"I see programs that appear ready to be launched, such as the debt cancellation for 6 million loans held by fishermen and farmers. I think it's a good initiative, as it can free them and even allow them to continue their businesses," Bakrie said on Saturday (Nov 2).

Earlier, the Chairman of the Financial Services Authority (OJK), Mahendra Siregar, revealed that the Ministry of Finance is currently preparing regulations to cancel the debts of farmers and fishermen held by banks. This cancellation plan is a directive from President Prabowo Subianto.

Siregar stated that the debt cancellation is actually already included in the Financial Sector Development and Strengthening Law.

"This (debt cancellation) has already been formulated or is currently being formulated by the government, specifically by the Ministry of Finance," Siregar said recently.