BATAMCLICK.COM: The Financial Services Authority (OJK) of the Riau Islands (Kepri) aims to boost the financial literacy index of its community to 90 percent by 2025, a significant increase from 65 percent in 2024.
The Head of OJK Kepri, Sinar Danandjaya, stated that this effort seeks to help people better understand the benefits and risks of using financial service products.
“In 2024, the financial literacy index in Kepri stands at 65 percent, while the financial inclusion index has reached 75 percent. This means approximately 10 percent of the community uses financial products but does not fully understand their benefits and risks. We aim to achieve a financial literacy index of 90 percent by 2025,” Sinar said during an interview in Batam on Monday.
He added that the target aligns with the long-term vision of the 2045 Golden Generation, in which OJK aims for a national financial inclusion index of 98 percent.
“To support this goal, we continue to provide financial education and collaborate with all financial service players. In 2025, financial literacy will also include education about BPJS services,” he explained.
Sinar emphasized that financial literacy plays a vital role in reducing poverty in Kepri. With better understanding, the public can utilize financial products such as savings, loans, and insurance to manage their finances more effectively.
“Financial literacy is closely related to inclusion. With proper education, people can easily access financial services, including opportunities in the capital market. We are particularly focusing on Batam, Bintan, and Tanjungpinang to improve financial inclusion in these areas,” he stated.
Furthermore, OJK Kepri encourages all financial service players to actively participate in financial literacy programs, especially in remote areas, to ensure that financial education is evenly distributed.
“We hope that banking institutions, insurance companies, and financial technology (fintech) firms will work together to promote financial literacy. This will enable the public to better understand the benefits and risks of the financial products they use,” he concluded.
Sumber: Antara