Jakarta, Dec. 12 -- The government is preparing a special policy package to ease the burden on People's Business Credit (KUR) borrowers experiencing force majeure due to flooding in Aceh, North Sumatra, and West Sumatra.
Coordinating Minister for Economic Affairs Airlangga Hartarto detailed that the policy package includes restructuring, accelerated recovery in disaster areas with the disbursement of new KUR in 2026 at low interest rates, and the option to pay off outstanding debts for certain borrowers.
"The figures and technical details of the policy are currently being prepared. In the next few days, the government will announce a special economic policy for this disaster recovery," he conveyed in Jakarta on Friday.
Of the total 996...
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