In the midst of the COVID-19 Pandemic which has an impact on current national economic conditions, IIGF & LPEI are committed to supporting the Government's program in accelerating the National Economic Recovery (PEN) program. As is well known, the PEN Program is outlined in Government Regulation number 23 of 2020 and supporting regulations, including PMK 98 / PMK.08 / 2020 concerning the Government Guarantee Program for Corporate business actors.

In this PMK it is stipulated that Government Guarantee is provided through LPEI and IIGF for lending to Corporate business actors affected by COVID-19 and have criteria for export-oriented and / or labor-intensive business activities, with the aim of protecting, maintaining and increasing the economic capacity of the players. business in carrying out its business activities.

In order to expand the reach and optimize the PEN program, the Government through the Decree of the Minister of Finance Number 599 / KMK.08 / 2020 concerning the Assignment to the LPEI in implementing Government Guarantee for Corporate Business Actors in the context of implementing the National Economic Recovery Program, LPEI can carry out joint guarantees with IIGF to non-export oriented sector with a minority portion.

In order to realize this assignment, LPEI again synergizes with banks in this case signing a Cooperation Agreement between LPEI and Bank BTN concerning Government Guarantee for Corporate Business Actors in the Context of Implementing the National Economic Recovery Program, especially the non-export sector. The LPEI agreement with Bank BTN was signed by Executive Director I LPEI - Dikdik Yustandi, Managing Director II - Agus Windiarto with Director of Consumer & Commercial Lending Bank BTN - Hirwandi Gafar and witnessed by the Executive Director of Finance and Project Assessment of IIGF - Salusra Satria at ( 4/02), located at the LPEI Head Office by implementing a very strict health protocol.

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