Announcement
27 Oct 2017
On 15 December 2017, the Indonesian Coordinating Ministry for Economic Reforms announced regulation 11/2017 reforming the country's state loan programme for MSMEs. However, the planned interest rate reduction was already announced on 27 October 2017 (cf. press release).
Source
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2018
Revocation date:
No revocation date
Last action: 27 Oct 2017
State loan
In force
According to regulation 11/2017 by the Coordinating Ministry for Economic Affairs, the country's KUR programme shall be expanded. With the 2018 reform, KUR loans will be also made available inter alia...
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Last action: 27 Oct 2017
Interest payment subsidy
In force
Regulation 11/2017 by the Coordinating Ministry for Economic Affairs reduces the KUR loan rates from 9 to 7%. KUR loans are provided to micro, small and medium-sized companies across numerous sectors....
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