Jakarta, March 25 -- Cooperatives Minister Budi Arie Setiadi emphasized the importance of adhering to the principles of transparency, accountability, and professionalism in managing cooperatives to be established under the Red and White Village Cooperatives program.

"We must take a prudent approach, and as I have repeatedly said, Red and White Village cooperatives should be run in a transparent, professional, and accountable manner," the minister remarked at his office in Jakarta on Monday (March 24) night.

To this end, Setiadi advocated applying good governance based on strong regulations while ensuring the involvement of locals and the use of digital technology in supervising the operations of these cooperatives.

"We will also overse...