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Press Release: OJK Accelerates Regional Economic Growth Through Cross-Sector Synergism, The 2026 Regional Economic Growth National Conference

 Press Release: OJK Accelerates Regional Economic Growth Through Cross-Sector Synergism, The 2026 Regional Economic Growth National Conference

May 25 2026
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               SP 105/DKPU/OJK/V/2026

 

PRESS RELEASE

OJK ACCELERATES REGIONAL ECONOMIC GROWTH THROUGH
CROSS-SECTOR SYNERGISM

The 2026 Regional Economic Growth National Conference

 

Jakarta, 25 May 2026. Indonesia Financial Services Authority (OJK) continues to strengthen regional financial services sector growth through a more effective inclusive, and productive financing, particularly for leading sectors based on local economic potentials.

Solid coordination among institutions, including OJK, BI, Kemenkeu (MoF), the Regional Government, financial services industry, and the ministries/technical institutions in other real sectors is fundamental for various Regional Economic Growth Acceleration programs.

Chairperson of the Board of Commissioners of OJK Friderica Widyasari Dewi conveyed this message on her remarks during the 2026 Regional Economic Growth National Conference (KNPED) "Regional Economic Growth Acceleration through Cross-Sector Policy Synergism" at Balai Kartini on Monday.

“The current global dynamic occurrences shall not recede Indonesia's positive outlook. This is the moment where we prove that Indonesia's power lies in its regional economic forces. Let us show our love for the nation through cooperation, collaboration, and synergy to support regional economic growth so that regional progress can further strengthen national economic growth toward a more advanced and prosperous Indonesia," Friderica said.

Coordinating Minister of Economic Affairs Airlangga Hartarto, Head of Commission XI of the House of Representatives (DPR RI) Mokhamad Misbakhun, Minister of Trade Budi Santoso, Minister of MSME Maman Abdurrahman, Vice Minister of Finance Juda Agung, Vice Minister of Agriculture Sudaryono, Vice Minister of Home Affairs Bima Arya Sugiarto, and Deputy Senior Governor of Bank Indonesia Destri Damayanti attended the 2026 KNPED.

Regional leaders also attended the event, including Governor of Central Java Ahmad Luthfi, Governor of South Sumatra Herman Deru, Governor of Jambi Al Haris, Governor of West Sumatra Mahyeldi Ansharullah, Vice Governor of East Java Emil Elestianto Dardak, and Vice Governor of North Sulawesi Victor Mailangkay.

According to Friderica, OJK has developed the Regional Economic Development (“PED") Program since 2024, focusing on optimizing regional economic potentials through collaborations with the related ministries/institutions to build an ecosystem that facilitates the economic potentials development.

As of today, the PED Program has been implemented in 40 regencies and cities, concentrating on agriculture and creative economy sectors in South Sumatera, East Java, Central Java, and Special Capital Region of Jakarta.

Vice Chairperson of the Board of Commissioners of OJK Hernawan Bekti Sasongko expressed his hopes for the PED Program to provide great benefits to the regional economy and advantages to the local communities.

“We keep driving PED to expand, to provide real contributions to the regions through collaborations that will create priority program ecosystems in the respective regions," Hernawan said.

Coordinating Minister of Economic Affairs Airlangga Hartarto said that the national economic growth is inextricably linked to economic growth in the regions. Hence, the Central Government continues to take various measures to promote regional economic growth.

“People's Business Credit Distribution is constantly boosted and stimulated and is expected to drive the economy in the regions. The government will also promote digitalization through assorted economic activities. Meanwhile, the government also encourages semiconductor industry in the regions as well as the downstreaming process, and excellent human capital preparation," Airlangga told.

Misbakhun said the financial services sector is one of the highly contributing sectors to the Indonesia economic growth. Effective and efficient financing regulation will further empower MSME and people's purchasing power, which consequently impact the GDP.

“My highest appreciation to OJK, who always wish to consolidate all financial services sector duties to the regional government, and who has established Regional Financial Access Acceleration Team (TPAKD) acceleration. These measures have become our collective responsibility, to ensure the developments are fairly and equally experienced by all people and communities in Indonesia," Misbakhun said.

Vice Minister of Finance Juda Agung explained that the collaboration and synergism become an important factor in empowering regional economic growth and consequently for the national economic growth.

“We shall move together to build a solid economy. Solid regional economy is not merely about considerable amount of regional budget. It is about how the region is capable to utilize the budget into services, then productivity, the prosperity. Growth does not begin from numbers. Growth begins when the central and regional government moves harmoniously and its benefits reached household level," Juda stated.​​

The Directions of PED Program

OJK's PED initiatives included mapping the regions' local economic potentials through TPAKD, preparing integrated collaborations with multi-stakeholders, enhancing financing capacity for the financial services sector and the real sector, and utilizing financial products to increase the value of local specialties.

In South Sumatera, PED Program focuses on developing the coffee ecosystem. In 2025, the coffee production in Indonesia amounted to 832.7 thousand tons and projected to increase to 1.2 million ton per year through land productivity optimization, supported by Rp129 trillion value of coffee processing industry.

PED in East Java concentrates in dairy cow ecosystem, supporting the national food chain value with economic value of Rp49.5 trillion. The optimization of the ecosystem includes productivity optimization, technology adoption, and financial access expansion, which may be implemented in other dairy-related regions.

Central Java's PED aims to support food resilience by developing rice, corn, rajungan (swimming crabs, Portunidae) as a part of food commodity with potential economic value of Rp1,684 trillion.

In Jakarta, PED program encourages creative economy development, such as the film and creative content sector, with potential value of Rp2,130 trillion by 2029.

The PED ecosystem expects aids from various financial services institution in accordance with their needs and capacities, including as few as three types of financial services institutions.

The success of PED program is indicated through flourishing local specialties development, particularly in agriculture sector and creative economy sector, and implementation potential to the tourism sector.

In the future, OJK will continue to strengthen cross-sector collaborations to expand PED program in other parts of Indonesia. OJK will also support the national development objectives, starting from the regions with new source of growth with strengthening chain value basis to support growth and development.

 

***

For more information

Head of Financial Services Sector Surveillance and Integrated Policy Department of OJK – Agus Firmansyah

Tel. 021.29600000; Email: humas@ojk.go.id

 

 

 


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