Formation of a Team for Accelerating Regional Financial Access to Boost Papua’s Economic Potential

The acceleration of development in Papua is not just about physical development such as building facilities for hospitals, schools, and so on. However, the acceleration of development in Papua also takes care of accelerating economic development which can provide an integrated system for the community to run the economy. The seriousness of the regional government of Papua Province in managing the economy is proven through the collaboration established with the Financial Services Authority to form the Regional Financial Access Acceleration Team. The main objective of forming the Regional Financial Access Acceleration Team in Papua is to provide a forum in the form of a forum containing stakeholders with all their plans for accelerating economic development in Papua.

The productive economic potential in Papua is quite large, especially in the field of Micro, Small and Medium Enterprises. This potential can be seen by the regional government of Papua Province so that it collaborates with many parties who have an interest in the economic sector to utilize it for the greatest welfare of the people in Papua who run it. Empowering Micro, Small and Medium Enterprises is one of the three things to be discussed in the Regional Financial Access Acceleration Team forum. Two other things that are also considered important in supporting a productive economy in Papua are regional economic development and strengthening priority economic sectors.

Members of the Regional Financial Access Acceleration Team forum consist of various levels of society. Starting from government members or regional officials as well as academics, they are involved in forums that want to accelerate productive economic development in Papua. Like forums initiated by the government, there are supervisors in the forum, namely regional heads, in this case the Governor of Papua Province as well as Regents and Mayors in various Regencies and Cities spread throughout the Papua region. The core members of the Regional Financial Access Acceleration Team forum in Papua include regulators, vertical institutions, Financial Services Institutions, Associations of Financial Services Institutions, and also involve academics involved in economics.

The economic potential that exists in Papua can be seen from how natural resources are available to be utilized by competent human resources. Access to obtain capital in processing various resources to be used as a component to strengthen the economy, such as creating a business in the class of Micro, Small and Medium Enterprises, must be made easier through the existence of the Regional Financial Access Acceleration Team forum. The discussion about capital is one of the fundamental discussions that can increase the public’s interest in getting involved in accelerating economic development in Papua as an actor running the economy. The role of the forum must be to help the community get easy access to all matters related to accelerating the productive economy in Papua. So that accelerated development in the economic sector can also be implemented as quickly as possible.

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