Jakarta, Jan. 20 -- Indonesia's Minister for Micro, Small and Medium Enterprises (MSMEs), Maman Abdurrahman, announced that disbursement under the government's flagship People's Business Credit (KUR) program reached Rp270 trillion (US$16 billion) in 2025.

The figure is equivalent to 96 percent of the Rp280 trillion (US$16.5 billion) target.

Speaking in Jakarta on Tuesday, Abdurrahman said the program supported 4.58 million borrowers, including 2.7 million new debtors, surpassing the target by 117 percent.

He added that the ministry also exceeded its goal for "graduated debtors"-entrepreneurs advancing to higher business categories-achieving 131 percent of the target.

Research by Indonesia's National Research and Innovation Agency (BRI...