2022 State Budget: Fiscal Policy and Structural Reform slide image

2022 State Budget: Fiscal Policy and Structural Reform

OJK Policy and Stimulus 2021 Restructuring Policy Extension until March 2023 (Banking) and April 2022 (Multifinance) Debtors can restructure credit/recurring financing during the relaxation period as long as they still have business prospects and without unreasonable/excessive costs. Residentials Loan Down Payent 0-30% (LTV ≥70%) Down Payent 30-50% (LTV 50-70%) Down Payent ≥ 50% (LTV ≤ 50%) RWA35% RWA 25% RWA 20% Source: Financial Service Authority (OJK) LP Market Stabilization Policy Short Selling Ban Trading Halt Auto Rejection Limit Adjustment Share Buyback Without GMS (RUPS) Vehicle Loan Digitalisation of MSME Expanding the MSME digitization ecosystem from upstream to downstream with the UMKM-MU platform, and BWM Mobile 1. 2. RWA (ATMR) for vehicle loan: 100% ⇒ 50% Banks with risk profile 1 and 2 may provide loan for automotive sector: Health Sector Credit 0% Down Payment 3. RWA (ATMR) for credit in health sector: 100% → 50% RWA for battery/electric vehicle manufacturers (KBLBB): 100% ⇒ 50% 175
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