Financing Strategy for Red and White Village Cooperatives Under Discussion

Finance Minister Sri Mulyani Indrawati and Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo engaged in a discussion about the financing strategy for the Red and White Village Cooperatives. The conversation focused on designing an effective governance structure for the cooperatives, ensuring their sustainability. Indrawati emphasized the importance of transparent management, hoping the cooperatives would become a foundation for village economic independence.

Key Takeaways:

  • The discussion between Indrawati and Wirjoatmodjo aimed to develop a financing and governance strategy for the Red and White Village Cooperatives.
  • The strategy is crucial for the sustainability of the initiative, as stated by President Prabowo Subianto.
  • The proposed budget for 2025 to strengthen the cooperatives is Rp5.98 trillion, with Rp340 billion allocated for management support and Rp5.6 trillion for cooperative support.
  • The budget includes allocations for developing a business model, creating a module to establish 80,000 cooperatives, inventorying existing cooperatives, and training human resources.
  • The proposed budget covers mentoring, education, and training of cooperative human resources, digital-based cooperative management, and widespread promotion of the formation of 80,000 cooperatives.
  • The government aims to ensure the sustainability of the Red and White Village Cooperatives through transparent management and effective governance.

Statistics:

  • Proposed budget for 2025: Rp5.98 trillion.
  • Allocation for management support: Rp340 billion.
  • Allocation for cooperative support: Rp5.6 trillion.
  • Number of cooperatives to be established: 80,000.
  • Budget for developing a business model: Rp500 million.
  • Budget for creating a module to establish cooperatives: Rp3.90 billion.
  • Budget for inventorying existing cooperatives: Rp30.94 billion.

Sources:

  • "Finance Minister Sri Mulyani Indrawati and Deputy Minister of State-Owned Enterprises Kartika Wirjoatmodjo discussed the financing strategy for the Red and White Village Cooperatives." - Antara News Agency, 10 Jul 2025.
  • "Indrawati stated that the discussion delved deeper into the design of a wise, credible, and accountable governance structure for the Red and White Village Cooperatives." - Sri Mulyani Indrawati's Instagram account, @smindrawati.
  • "Cooperatives Minister Budi Arie Setiadi proposed an additional budget of Rp5.98 trillion for 2025 to strengthen the Red and White Village Cooperatives." - Setiadi's statement during a working meeting with Commission VI of the Indonesian House of Representatives.