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News Update 09 March 2022
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The Challenges of the Changing World, Sri Mulyani Asks PT SMI to Take Advantage of Opportunities

Finance Minister Sri Mulyani Indrawati said, PT Sarana Multi Infrastruktur (PT SMI) must be able to understand the challenges and opportunities that will arise along with dynamic changes. When the environmental conditions are constant then change will force institutions to adapt.

She said that the 13th anniversary of the establishment of PT SMI could be used as a milestone to reflect. Various actions and program achievements that have been implemented must be evaluated. In the future, a response to changes in the world situation is very dynamic.

"We as an institution continue to adapt to the way we work, the business processes and instruments we use to address issues that arise, and of course in terms of how we see this challenge as an opportunity," she said as quoted from the official website of the Ministry of Finance, Wednesday, March 9, 2022.

Currently, PT SMI has diversified its project financing. Initially it was only for the PPP scheme for hardware infrastructure projects, but now PT SMI has started financing projects for waste management, informatics, and energy conservation as part of addressing climate change issues.

"In responding to the COVID-19 situation, PT SMI has also become one of the countercyclical instruments through lending to local governments, so that development in the regions is not hampered and can be carried out more quickly," she said.

Therefore, Sri Mulyani also asked PT SMI to pay attention to development issues in the regions, such as handling stunting, eliminating extreme poverty, and disparities in development between regions. That way, the existence of PT SMI as one of the Special Mission Vehicles (SMV) can be utilized.

"PT SMI must participate in carrying out a recovery mission whose nature and magnitude are much larger than the usual volume of PT SMI's activities. This is a shock for PT SMI, but a positive shock because it is challenged to become an instrument of economic recovery through loans to local governments, " she concluded.

 

source: medcom.id

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