The Financial Services Authority (OJK) is actively strengthening local economies by promoting the integration of agriculture, tourism, and the creative economy to drive national economic growth. During the National Regional Economic Development Conference, themed "Enhancing Regional Value through Synergy in Downstream Agriculture, Tourism, and Creative Economy," OJK Chairman Mahendra Siregar highlighted that national resilience must be rooted in strong domestic growth engines, not solely reliant on global markets. He emphasized that OJK has introduced supportive policies, including easier financing access, the use of parametric insurance to mitigate disaster risks, and the development of tailored financial ecosystems for these sectors, such as using intellectual property as collateral and alternative credit scoring methods.
The conference, attended by notable figures such as Sandiaga S. Uno and Irene Umar, also showcased OJK’s broader initiatives like integrating the real sector with financial services innovation, including capital markets and venture funding, to elevate creative industries. Deputy Commissioner Bambang Mukti Riyadi underscored the crucial role of financial products in advancing these sectors. Furthermore, the Regional Financial Access Acceleration Team (TPAKD) program, which initially focused on agriculture, has now expanded to tourism and creative industries, aiming to catalyze regional growth and support Indonesia’s Vision 2045. Through this conference, OJK envisions fostering strong partnerships and a deeper understanding of sectoral downstream integration across regions, ultimately enhancing financial inclusion and national prosperity.
