With the ultimate goal of achieving more egalitarian economic growth through the expansion of community business credit (
Kredit Usaha Rakyat – “
KUR”) coverage, the Coordinating Minister for Economic Affairs (“
Minister”) has issued Regulation
No. 8 of 2018 (“
Amendment”), which amends Regulation of the Coordinating Minister for Economic Affairs as the Committee Chairman for Financing Policies for Micro-, Small- and Medium-Scale Enterprises
No. 11 of 2017 on Implementation Guidelines for
Community Businesses Credit (“Regulation 11/2017”).[1]......