DNKI Coordination Meeting 2024

The 2024 DNKI Coordination Meeting was held on March 29 at Hotel Indonesia Kempinski Jakarta. The meeting was chaired directly by the Coordinating Minister for Economic Affairs Airlangga Hartarto and attended by leaders of DNKI member Ministries and Institutions. The event began with a presentation of developments, evaluations and work programs by the Deputy for Macroeconomic and Financial Coordination of the Coordinating Ministry for Economic Affairs Ferry Irawan as Chair of the Secretariat of the National Council for Inclusive Finance. Furthermore, presentations were delivered by Chairman of the Financial Services Authority Commissioner Mahendra Siregar, Deputy Governor of Bank Indonesia Juda Agung and Acting Head of the Central Statistics Agency Amalia Adininggar Widyasanti.

During the Coordination Meeting, a parallel event was also held where the heads of Ministries and Institutions led by the Coordinating Minister for Economic Affairs carried out a symbolic handover to the beneficiaries of the financial inclusion program accompanied by the leaders of the institutions supporting the program. RISE Indonesia participated in the symbolic handover for Malang Regency UKM Women representing the beneficiaries of the UKM Digital Finance program as well as for the Head of the West Bandung Regency Regional Disaster Management Agency representing the beneficiaries of access to financing for strengthening earthquake-resistant houses. This symbolic handover event was also attended by Asian Development Bank Country Director Jiro Tominaga, ILO Indonesia & Timor Leste Country Director Simrin Singh, Melinda Gates Foundation Indonesia Country Lead Brooke Patterson and DANA Indonesia CEO & Co-Founder Vince Iswara.

The Coordination Meeting emphasized the challenges of financial inclusion and literacy for target community groups, namely the gap between levels of financial inclusion and financial literacy, disparities in levels of financial inclusion and literacy between regions and between socio-economic groups, uneven use of digital finance (still concentrated in Java), the need for increased protection for consumers, the need for disaggregated inclusive financial data for intervention groups, strengthening the DNKI institutions and the Regional Financial Access Acceleration Team (TPAK).