
Gov’t to Slash KUR Interest Rate to 6%
The Government has decided to cut annual interest rate for Smallholder Business Credit (KUR) from 7% to 6% per year and increase the ceiling for KUR from Rp140 trillion to Rp190 trillion. “The maximum credit ceiling for Micro KUR has also increased from initially Rp25 million to Rp50 million per debtor. The policy will be […]