North Sulawesi aims for 95.11% financial inclusion by 2030

The North Sulawesi Provincial Government has set an ambitious goal to achieve 95.11% financial inclusion by 2030. This target was announced by Reza Alexandro Wenas Dotulung, Head of the Bureau of Economics of the Provincial Secretariat of Sulut, in Manado.

Achieving this goal necessitates robust collaboration and program synergy between the provincial government, the Financial Services Authority (OJK), banks, and non-bank financial institutions. "We have targeted that by 2030, financial inclusion in Sulut will reach 95.11%, requiring collaboration and program synergy from both the government and financial services," Wenas Dotulung stated.

To realize this target, the provincial government will focus on underserved segments of the population, including rural and coastal communities, potential micro, small, and medium-sized enterprise (UMKM) owners, students, and women. Several acceleration strategies are planned, such as widespread implementation of the "One Account Per Student" program from elementary to high school levels.

Further strategies involve digitizing the economic ecosystem through the 'QRIS Ready Market' program and promoting official Fintech Lending to provide swift financing for UMKM. Additionally, the government will integrate social assistance distribution through official bank accounts and BPJS, alongside non-bank education initiatives like collaboration with Pegadaian and optimizing Village Microfinance Institutions (LKM).