Other Tempo Media
Subscribe

Budget Maneuvers for the Red-and-White Cooperatives

Monday, April 28, 2025

The funding scheme for the Red-and-White Village Cooperatives remains unclear, raising concerns it could burden the country’s fiscal health and Himbara banks.

arsip tempo : 174616212214.

Cooperatives Minister Budi Arie Setiadi and Deputy Cooperatives Minister Ferry Juliantono (right) give a press statement after attending a limited meeting discussing Merah Putih Village Cooperatives with President Prabowo Subianto at the Presidential Palace Complex, Jakarta, March 7, 2025. Tempo/Imam Sukamto. tempo : 174616212214.

COOPERATIVE Minister Budi Arie Setiadi has recently taken on an additional task. He must now prepare a variety of measures to realize another of President Prabowo Subianto’s ambitious program: the establishment of 80,000 Red-and-White Village Cooperatives by July 12, 2025, to coincide with National Cooperative Day.

Budi said the President’s directive would have budgetary and manpower implications. Additional funding would be needed,

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine
Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card
Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

Caesar Akbar

Ilona Estherina, Alfitria Nefi, Riani Sanusi, and Anwar Siswadi (Bandung) contributed to the writing of this article.
 
Red and White Cooperatives State Budget Prabowo Subianto Budi Arie Setiadi Sri Mulyani Indrawati Village Funds

More Articles

More exclusive contents

  • April 28, 2025

  • April 21, 2025

  • April 14, 2025

  • April 7, 2025

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe