ID :
14138
Mon, 07/28/2008 - 20:39
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http://m.oananews.org//node/14138
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PRESIDENT : AMOUNT OF DISBURSED KUR ASISTANCE TO REACH RP15 TRILLION
Nusa Dua, Bali, July 28 (ANTARA) - President Susilo Bambang Yudhoyono said he expected the amount of People's Business Credits (KURs) channeled to the intended recipients to reach Rp15 trillion this year.
"The amount of distributed KURs is expected to reach around Rp14 to Rp15 trillion or about US$1.6 billion this year," the President said at the opening of the Asia Pacific regional meeting on Micro Credits in Nusa Dua, Bali, on Monday.
According to the president, the KUR scheme was one of the government's efforts to increase the income of small- and medium-scale businessmen and lower the poverty rate.
The KUR program was launched in November 2007, and the amount of KUR funds extended to small- and medium-scale businessmen in the country to date had reached Rp8 trillion. A total of around 900,000 small- and medium-scale businessmen had received the assistance.
Yudhoyono expressed hope the meeting which was being attended by 1,000 participants from 40 countries would yield something concrete to help poor people.
"We hope Indonesian delegates to the meeting will learn from the experience of other countries which are successfully managing their micro credits," Yudhoyono said.
Commenting on his meeting with Muhammad Yunus, founder of Grameen Bank of Bangladesh, Yudhoyono said they discussed the implementation of micro credit schemes and concrete measures to reduce the poverty rate.
"I have learned many from Muhammad Yunus's experience about methods to assist poor people in getting out of the bondage of poverty through micro businesses," the president said.
Meanwhile, Muhammad Yunus said at the forum that many countries had promised to start reducing poverty by implementing micro credit schemes.
"All countries, especially in Asia, are doing their best to reduce their numbers of poor people," Muhammad Yunus said.
But he added the soaring fuel and food prices which had had a negative impact on the poverty rate had made it necessary to intensify the micro credit programs.
"The soaring fuel and food price hikes have made it difficult to reach the targets of the Millennium Development Goals in 2015. But believe me, micro credit programs can solve the problem," said the 2006 Nobel Peace laureate.
"The amount of distributed KURs is expected to reach around Rp14 to Rp15 trillion or about US$1.6 billion this year," the President said at the opening of the Asia Pacific regional meeting on Micro Credits in Nusa Dua, Bali, on Monday.
According to the president, the KUR scheme was one of the government's efforts to increase the income of small- and medium-scale businessmen and lower the poverty rate.
The KUR program was launched in November 2007, and the amount of KUR funds extended to small- and medium-scale businessmen in the country to date had reached Rp8 trillion. A total of around 900,000 small- and medium-scale businessmen had received the assistance.
Yudhoyono expressed hope the meeting which was being attended by 1,000 participants from 40 countries would yield something concrete to help poor people.
"We hope Indonesian delegates to the meeting will learn from the experience of other countries which are successfully managing their micro credits," Yudhoyono said.
Commenting on his meeting with Muhammad Yunus, founder of Grameen Bank of Bangladesh, Yudhoyono said they discussed the implementation of micro credit schemes and concrete measures to reduce the poverty rate.
"I have learned many from Muhammad Yunus's experience about methods to assist poor people in getting out of the bondage of poverty through micro businesses," the president said.
Meanwhile, Muhammad Yunus said at the forum that many countries had promised to start reducing poverty by implementing micro credit schemes.
"All countries, especially in Asia, are doing their best to reduce their numbers of poor people," Muhammad Yunus said.
But he added the soaring fuel and food prices which had had a negative impact on the poverty rate had made it necessary to intensify the micro credit programs.
"The soaring fuel and food price hikes have made it difficult to reach the targets of the Millennium Development Goals in 2015. But believe me, micro credit programs can solve the problem," said the 2006 Nobel Peace laureate.
