JOINT PRESS RELEASE
Number:
SP-19/KLI/2025
27/188/DKom
SP 123/OJK/GKPB/VIII/2025
SP-29/SEKL/2025
Jakarta, 14th August 2025. The Ministry of Finance of the Republic of Indonesia, Bank Indonesia, Indonesia Financial Services Authority (OJK) and Indonesia Deposit Insurance Corporation (LPS) are encouraging financial independence among Scouts with Special Needs (persons with disabilities) as future economic actors.
This reflects the spirit of the Indonesian Financial Literacy (LIKE IT) event organised by the Coordination Forum for Development Financing through Financial Markets (FK-PPPK) at the Cibubur Scout Campsite in East Jakarta on Thursday.
Education for students and persons with disabilities is the tangible manifestation of inclusive financial literacy given the role of young people as future investors.
LIKE IT is a flagship program of the FK-PPPK, which aims to increase literacy and expand the retail investor base, held annually since 2021.
The opening ceremony of LIKE IT 2025 was held in synergy with the activities of the National Special Needs Scout Camp 2025 (PPBK Nas 2025). Featuring a Leaders Insight session, the activities showcased leaders from the 4 (four) institutional members of the FK-PPPK to motivate and encourage attendees towards financial planning through saving and utilising investment products.
Approximately 3,000 Rover Scouts (16-19 years) and Senior Rovers (21-25 years) attended PPBK Nas 2025, consisting of students and persons with disabilities as priority targets to receive financial education in accordance with the Indonesian National Financial Literacy Strategy (SNLKI) 2021-2025. In addition, the massive attendance of scouts in and approaching early adulthood provided a key target for efforts to increase financial education and literacy as well as the retail investor base.
OJK Chief Executive of Market Conduct Supervision, Financial Education, and Consumer Protection, Friderica Widyasari Dewi, highlighted how the LIKE IT program is a form of synergy and collaboration between the Ministry of Finance, Bank Indonesia, OJK and LPS, which aims to improve financial literacy and expand the retail investor base, while preparing a financially savvy younger generation.
According to the SNLIK conducted in 2025, the Financial Literacy Index in Indonesia was recorded at 66.46%, with the Financial Inclusion Index recorded at 80.51%. Based on age, however, the 15-17 cohort has a lower Financial Literacy Index of 51.68%.
“The LIKE IT program is aligned with the Government's Asta Cita program, which aims to improve the quality of human resources. We believe that financial literacy is a critical foundation for Indonesia's young generation to mature into competent and productive human capital, prepared to face global challenges," stated Friderica.
During the Leaders Insight session, Chair of the OJK Board of Commissioners, Mahendra Siregar, stated that savings accounts are one of the financial products available to attending scouts for planning their financial future. The activity of saving trains financial skills and establishes good financial habits, leading to financial well-being and prosperity.
“Saving is a scouting value, which fosters discipline and frugal living, while building character. The fact that 59 million Indonesian students have savings exceeding Rp32 trillion implies that this astute habit not only strengthens youth independence but also underpins national economic growth," said Mahendra.
Meanwhile, OJK also strives to ensure equitable access for consumers and persons with disabilities.
“Today demonstrates our firm commitment, alongside the Ministry of Finance, Bank Indonesia and LPS to prepare a young generation who are financially literate, while advocating equality for our brothers and sisters living with disabilities. Through the Guidelines for Access to Financial Services for Empowered Persons with Disability (Setara), we aim to ensure that all financial service providers (FSPs) provide equitable access for persons with disabilities to enjoy financial services safely and conveniently," added Friderica.
Deputy Minister of Finance of the Republic of Indonesia, Thomas A.M. Djiwandono, urged all scouts in attendance to dare to dream of becoming Indonesia's next great generation. Like our distinguished forefathers, the young generation must dream big and look far into the future, while working hard to achieve those dreams and aspirations.
“Never forget to dream and work hard to achieve those dreams," said Deputy Finance Minister Thomas before urging all scouts in attendance to continue saving, while using their money wisely to help their parents and others, stimulate the economy as well as build the nation and state.
Senior Deputy Governor of Bank Indonesia, Destry Damayanti, reminded the scouts to always protect and look after the Rupiah as a symbol of national sovereignty.
“The Rupiah is not only a medium of exchange yet also reflects the character and uniqueness of the country. All Indonesians should be proud and love the Rupiah," said Destry Damayanti before reminding the attendees to understand how to use the Rupiah wisely, avoid squandering money and instil a spirit of saving and investing for a more prosperous future.
Chair of the LPS Board of Commissioners, Purbaya Yudhi Sadewa, took the opportunity to remind those in attendance that LPS guarantees savings of up to Rp2 billion for each customer at each bank, provided the savings meet certain requirements, namely that the savings are recorded on the bank's balance sheet, the interest rate does not exceed the LPS guarantee rate and there are no indications of fraud and/or criminal acts in the banking sector.
“Start by managing your money wisely. Distinguish between your needs and wants, get into the habit of saving regularly and never stop learning about how to grow and develop your finances. At LPS, we will always be there to ensure the safety of savings deposited in banks," said Purbaya Yudhi Sadewa.
Secretary-General of the Indonesian Scout Movement, Army Major General (retired), Bachtiar, emphasised how savings not only generate returns, yet also nurture financial skills by instilling a love for saving. Learning materials on financial management, therefore, are included in the Special Competency Requirements for scouts in collaboration with OJK and banking institutions. The Special Competency Requirements also provide simpler requirements as well as attractive features to encourage saving from an early age through student saving programs.
“The Scout Movement serves as a platform to develop the next generation without discrimination, including children with disabilities. The movement seeks to instil the value of saving in line with the spirit of scouting to ensure the young generation thrives with discipline and independence, while contributing to Indonesia's economic power," stated Bachtiar.
Chair of the OJK Board of Commissioners, Mahendra Siregar, added “Indonesia's financial literacy rate of 66.40% indicates a significant leap to place our country on par with advanced economies. Moving forward, however, our focus will be on improving the quality of literacy so that Indonesians not only understand financial products but can also use them wisely and remain protected from the risks posed by illegal loans and investments."
Contact Information:
Deni Surjantoro
Head of Communication and Information Services Bureau
Ministry of Finance
Ramdan Denny Prakoso
Head of Communication Department
Bank Indonesia
M. Ismail Riyadi
Head of Financial Literacy, Inclusion and Communication Department
Indonesia Financial Services Authority (OJK)
Jimmy Ardianto
Secretary
Indonesia Deposit Insurance Corporation (LPS)
