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Jokowi Asks PPATK to Anticipate Shadow Economy

Jokowi
Jokowi

JAKARTA – President Jokowi asked the Financial Transaction Reports and Analysis Center (PPATK) to mitigate illegal underground economic activities (shadow economy) to cybercrime that destroys financial system stability.

“We must mitigate conditions that disrupt the integrity and stability of the economic system. And the financial systems, such as the shadow economy, increase in economic crime. As well as cybercrime and other crimes that utilize the latest technology,” the President said in a virtual manner in Jakarta, Thursday (14/1 ).

This was conveyed by the President in the Annual Coordination. And Direction of the President of the Republic of Indonesia regarding the Prevention and Eradication of Money Laundering (TPPU). And Terrorism Funding (TPPT) in 2021.

In addition to anticipating the emergence of new crime trends in the economic and financial fields. The President asked PPATK continues to optimize the prevention of money laundering and terrorism financing.

Jokowi also hopes that PPATK can help the government eradicate corruption

PPATK must also continue to oversee the filling of positions in state institutions by actively tracing the track records of prospective public officials, as well as ensuring that the candidate’s financial transaction history is clean.

“Not only being a world-class financial intelligence unit┬ábut contributing more to assist government programs and eradicating increasingly diverse and sophisticated corruption crimes,” he said.

Efforts to maintain the integrity and stability of the financial system must be carried out in close collaboration. This effort is also expect to support the sustainability of the national economic recovery in 2021.

The President stressed that the government will distribute various aid and economic stimulus in large numbers this year. “It is very, very large and the types are also various. Therefore I invite all stakeholders to participate in guarding it. Participate in carrying out inherent supervision of the distribution of social assistance,” said the President.

 

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