Indonesian Government Provides Comprehensive Relief to Disaster-Affected Areas

Background and Government Response

Following recent natural disasters in Aceh, North Sumatra, and West Sumatra, the Indonesian government has taken decisive action to support affected businesses and individuals. The government has decided to provide relief to Kredit Usaha Rakyat (KUR) debtors in the disaster-affected regions ¹

Key Features of the Relief Package

1. Three-Year Relaxation Period: The relief measures, backed by Otoritas Jasa Keuangan (OJK) regulation POJK No. 19/2022, allow for credit restructuring for up to three years ⁵
   Source 5

   https://finance.detik.com/moneter/d-8262884/keringanan-kredit-buat-debitur-terdampak-bencana-aceh-sumut-berlaku-3-tahun
   .
2. Restructuring Categories: Bank Tabungan Negara (BTN) has categorized debtors based on impact severity:
   • Minor impact: 6 months grace period
   • Moderate impact: 9 months grace period
   • Severe impact: 12 months grace period ³
     Source 3

     https://finance.detik.com/moneter/d-8262823/btn-restrukturisasi-kredit-22-ribu-nasabah-yang-terdampak-bencana-sumatera
     ⁴
     Source 4

     https://finansial.bisnis.com/read/20251216/90/1937233/btn-relaksasi-kredit-rp193-triliun-untuk-nasabah-terdampak-bencana-di-sumatra
     .
3. Credit Status Maintenance: Restructured credits will be considered current, enabling debtors to apply for new credit ⁵
   Source 5

   https://finance.detik.com/moneter/d-8262884/keringanan-kredit-buat-debitur-terdampak-bencana-aceh-sumut-berlaku-3-tahun
   .

Implementation by Financial Institutions

BTN has taken significant steps in implementing the relief measures:

• 22,879 consumer debtors affected across Aceh, Medan, Padang, and Pematang Siantar
• Total credit exposure of Rp1.93 trillion
• Restructuring implemented in stages based on ongoing assessments ³
  Source 3

  https://finance.detik.com/moneter/d-8262823/btn-restrukturisasi-kredit-22-ribu-nasabah-yang-terdampak-bencana-sumatera
  ⁴
  Source 4

  https://finansial.bisnis.com/read/20251216/90/1937233/btn-relaksasi-kredit-rp193-triliun-untuk-nasabah-terdampak-bencana-di-sumatra

Regulatory Framework

The relief measures are supported by:

1. OJK Regulation POJK No. 19/2022
2. Special Government Regulation (PP) for KUR restructuring in affected provinces ²
   Source 2

   https://finansial.kontan.co.id/news/debitur-kur-korban-bencana-sumatera-dapat-relaksasi-cek-rincian-angsuran-kur-bri

Economic Impact

The government's relief measures aim to:

1. Support business continuity for UMKM sector
2. Prevent loan defaults
3. Facilitate economic recovery in disaster-affected regions