2022 State Budget: Fiscal Policy and Structural Reform
•
Breakthroughs to Strengthen Support for Corporate Loans and the
Hotel, Restaurant, and Cafe Sector by 2021
• The Government provides support for Corporate Business People in the form of Government Guarantees to protect, maintain, and increase the
economic capacity of Business Actors from the real sector and the financial industry in carrying out their business.
The government also provides incentives for businesses affected by the COVID-19 pandemic, such as the hotel, restaurant and cafe sector
Relaxation on the Terms of
Corporate Credit Guarantee
Program
PMK 32/2021
Affirmation of relaxation of
restructuring and new loans
from Financial Services
Authority (OJK)
Change of Guarantee
Process
Simplify the terms and stages
of Credit Guarantee
Hotel, Restaurant and Café
Sector Incentives
Fund Placement and
Guarantee Schemes for
Hospitality SMEs credit
schemes and guarantees for
restaurants and cafes
Source: Coordinating Ministry for Economic Affairs
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HOTEL
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