Indonesian govt preparing special scheme for state debtors affected by floods


JAKARTA, (Bernama-ANTARA): The Indonesian government is preparing a special policy package to assist People's Business Credit (KUR) borrowers affected by force majeure events caused by flooding in Aceh, North Sumatra, and West Sumatra.

Coordinating Minister for Economic Affairs Airlangga Hartarto explained that the policy package will include debt restructuring, accelerated recovery in disaster-affected areas through the disbursement of new KUR loans in 2026 at low interest rates, and the option for certain borrowers to settle outstanding debts.

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