Jakarta: Minister of Agriculture Syahrul Yasin Limpo pushed for Smallholder Business Credit (KUR) distribution to increase farmers’ productivity.
"Until today, I think agriculture is one of the commodities that continue to develop quite well. To date, the agricultural sector has utilized Rp42.17 trillion from KUR, about 60 percent already. Last year, the amount was Rp55 trillion, with 0.6 percent bad credit. So, it really deserves to be continuously rolled out," the Minister said in a press conference after a limited meeting on agricultural KUR loans on Monday, as quoted by the Cabinet Secretariat's website.
The Minister went on to say that the absorption of KUR will continue to be intensified along with the start of the 2nd planting season in August.
In particular, the Minister also urged increased distribution of KUR for the porang plant cluster, which is one of the commodities currently being developed in Indonesia.
In addition to efforts to increase access to capital through the KUR program, Syahrul added, the Ministry also encouraged increased agricultural productivity from upstream to down stream through collaboration with related parties.
According to him, several ministries will jointly carry out various consolidations to make KUR effective, starting from upstream in processing or in post-processing to its market.
Cek Berita dan Artikel yang lain di Google News
FOLLOW US
Ikuti media sosial medcom.id dan dapatkan berbagai keuntungan
