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Indonesia: 2016 interest rate cut on SME loans

Description

Regulation 13/2015 by the Coordinating Ministry for Economic Affairs amended previous regulation 8/2015 (cf. related state acts). The amendment reduces further the interest rate on state loans for SME...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2016

Revocation date

31 Dec 2017

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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