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Signing of Cooperation Agreement on Government Guarantee Implementation for Corporate Players

15 FEBRUARY 2021

The SMV of the Ministry of Finance of the Republic of Indonesia, namely LPEI & IIGF which signed a Cooperation Agreement related to the Implementation of Government Guarantee for Corporate Players. The signing was carried out by the Executive Director of LPEI, Daniel James Rompas and the President Director of IIGF, M. Wahid Sutopo at the LPEI Head Office which was also witnessed online.

The collaboration between the two SMVs is the implementation of support for the PEN Program as outlined in Government Regulation number 43/2020 concerning Amendments to Government Regulation no 23/2020 as well as a number of implementing regulations, including PMK 98 / PMK.08 / 2020 concerning "Government Guarantee Program for Corporate Business actors" (" PMK 98/2020). This is expected to support the Government's efforts to revive the wheels of the national economy, especially in the corporate sector which has been experiencing problems due to the Covid-19 pandemic.

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