Prabowo to Waive KUR Loans for Sumatran Farmers Affected by Floods

Relief for Farmers Amid Natural Disasters

President Prabowo Subianto has announced that the government will waive Kredit Usaha Rakyat (KUR) loans for farmers affected by the recent floods and landslides in Sumatra. This decision was made to alleviate the financial burden on farmers impacted by these natural disasters. Prabowo stated that the loan waivers are necessary as the circumstances are beyond the farmers' control, constituting a force majeure situation.

Maintaining Food Security

The government is also focusing on maintaining food security in the disaster-affected areas. Prabowo emphasized that the administration will continue to provide food assistance from regions with abundant supplies to ensure stability in food availability. This comprehensive approach aims to support the affected communities during these challenging times.

Impact on Agricultural Sector

The decision to waive KUR loans is expected to provide significant relief to farmers who have been struggling with the aftermath of the natural disasters. By alleviating their financial burdens, the government hopes to help them recover and continue their agricultural activities without the weight of debt. This move is seen as a crucial step in supporting the agricultural sector and ensuring the well-being of farmers in the affected regions.