Indonesian President Proposes New National Financial Welfare Council

Enhancing Financial Transparency and Inclusion

Indonesian President Prabowo Subianto has announced plans to establish a new National Financial Welfare Council. This initiative aims to complement the existing National Financial Inclusion Council (DNKI) and focuses on creating a more transparent financial system. The proposed council will involve various stakeholders in developing a framework for open financial data and improved financial health.

International Collaboration and Support

The proposal was discussed during Prabowo's meeting with Dutch Queen Maxima, who has been a long-standing advocate for financial inclusion globally. The collaboration suggests potential international support and expertise in shaping Indonesia's financial welfare initiatives.

Key Objectives and Expected Outcomes

1. Enhanced Financial Transparency: Developing systems for open financial data
2. Stakeholder Engagement: Involving government, private sector, and civil society
3. Financial Health Improvement: Creating comprehensive welfare measures
4. Building on Existing Frameworks: Complementing the National Financial Inclusion Council

The establishment of this council marks a significant step in Indonesia's financial sector development, potentially positioning the country as a leader in financial inclusion and transparency in the region.