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Indonesia: A reduction of loan facility to SMEs through KUR programme for the year 2024

Description

On 29 December 2023, the government of Indonesia reduced the loan facility to SMEs through the Kredit Usaha Rakyat (KUR) programme. The total budget of the scheme was reduced from IDR 450 trillion (US...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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