Prabowo Inaugurates National Financial Welfare Council

JAKARTA, KOMPAS.com - Indonesian President Prabowo Subianto officially inaugurated the National Financial Welfare Council during the National Coordination Meeting (Rakornas) of the Regional Financial Access Acceleration Team (TPAKD) held at Jiexpo, Jakarta, on Thursday (22/10/2026).

"With the name of God, the Most Gracious, the Most Merciful, this afternoon, Thursday, October 22, 2026, with the blessings of God Almighty, I Prabowo Subianto, President of the Republic of Indonesia, hereby officially establish the National Financial Welfare Council," said Prabowo.

Economic Minister Airlangga Hartarto expressed gratitude to Prabowo for approving the transformation of the National Inclusive Finance Council into the National Financial Welfare Council.

This change is based on Government Regulation (PP) Number 42 of 2026.

He explained that this change focuses on the financial welfare of families.

"So when we talk about the macroeconomy that the President launched here, it refers to each family; the smallest economy in our society is the family economy. This will be monitored by the President through this program," he noted.

National Financial Welfare Council Led by Prabowo

Airlangga stated that the structure of the National Financial Welfare Council is chaired directly by the President of Indonesia.

Meanwhile, Airlangga, as the Coordinating Minister for Economic Affairs, will serve as the Daily Chairman.

The Chairperson of the Financial Services Authority (OJK), Friderica Widyasari Dewi, the Governor of Bank Indonesia, Destry Damayanti, the Minister of Home Affairs, Tito Karnavian, and the Minister of Finance, Suahasil Nazara, will serve as the deputy chairmen.

"And several ministers will be members, Mr. President," said Airlangga.