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The Role of Fintech in Promoting 2020-2024 Inclusion Index in Indonesia
Economy and Finance

The Role of Fintech in Promoting 2020-2024 Inclusion Index in Indonesia

JAKARTA - In the national financial inclusion strategy which was passed by President Indonesia Joko Widodo on 7 December. Targeting Indonesia's inclusion index to increase by 90 percent by 2024. In realizing this, financial technology peer to peer lending or Fintech funding has a role as the main driver to accelerate the transformation of the digital economy, especially the MSME sector. Deputy for the Coordination of Macroeconomics and Finance, Coordinating Ministry for Economic Affairs, Iskandar Simorangkir. Said Indonesia needed digital economic transformation through fintech to restore the national economy. "The focus of financial inclusion is not on the saving movement. But on providing capital to the informal MSEs sector and the fastest way by digitizing them. With digital transform...