Indonesia's next financial challenge: Turning access into welfare
Jakarta, Oct. 27 -- Indonesia is beginning to redefine how it measures access to finance, shifting the focus away from the number of bank accounts people hold toward a more fundamental question: how resilient families are in the face of economic shocks.
The shift became increasingly apparent after President Prabowo Subianto unveiled the National Council for Financial Welfare (DNKK) at a national coordination meeting of regional teams tasked with expanding access to financial services, known as TPAKD, on Oct. 22, 2026.
At its core, the DNKK is a rebranded version of the National Council for Inclusive Finance. Yet the change appears to go beyond a simple renaming exercise.
The launch of the new council signals a broader recalibration of ...
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