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๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

President Prabowo to attend National Cooperatives Day, affirming economic commitment

From Tempo · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

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  • President Prabowo Subianto will attend the peak event of the 79th National Cooperatives Day in Jakarta.
  • His presence aims to affirm the government's commitment to strengthening cooperatives as a pillar of national economic development.
  • The event marks the operational start of the 'red and white' village/sub-district cooperatives (KDKMP) program, with 30,000 already formed.

President Prabowo Subianto is scheduled to deliver remarks at the main event celebrating the 79th National Cooperatives Day on Sunday, July 12, 2026. The ceremony will take place at the Indonesia Arena within the Gelora Bung Karno (GBK) complex in Jakarta.

Minister of Cooperatives Ferry Juliantono stated that President Prabowo's attendance underscores the government's dedication to bolstering the cooperative movement. He emphasized that cooperatives are a vital pillar of national economic development. "July 12, God willing, the President will be present to commemorate National Cooperatives Day at GBK," Ferry said on Friday, July 10, 2026, as reported by Antara.

The event also signifies the commencement of the 'red and white' village/sub-district cooperative (KDKMP) movement. This initiative is a strategic government program mandated by Presidential Instruction Number 9 of 2025, which aims to accelerate the establishment, development, and revitalization of 80,000 cooperatives across Indonesia in stages.

Minister Ferry reported that approximately 30,000 'red and white' cooperatives have already been established. The government's target is to reach around 40,000 units by the end of the current year.

July 12, God willing, the President will be present to commemorate National Cooperatives Day at GBK.

โ€” Ferry JuliantonoMinister of Cooperatives announcing President Prabowo's attendance at the event.
DistantNews Editorial

Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.