SocialImpactinDigitalEconomy:“IslamicFinanceDevelopmentStrategy”

Makassar,5th ofJuly,2018

MinisterofNationalDevelopmentPlanning/HeadofNationalDevelopmentPlanningAgency

REPUBLIKINDONESIA

Sumber:Bappenas

DigitalEconomy

2

TechnologicalChange

TechnologicalProgress

NewIndustrialPhase

NewPaceofDevelopment

Milestones,digitizedthings,andadvancedspeedofinformationturnover

REPUBLIKINDONESIA

Sumber:Kementerian PPN/Bappenas

MakingIndonesia4.0

OrganizingR&D

MediumTermPlanning(RPJMN2015-2019)

Academician,private&government

Incubators

Venturecapital

MakingIndonesia4.0

(1) Improving flow of goods and materials in the economy(2) Redesigning the industrial zone

(3) Accommodating sustainability standards(4) Empowering SMEs

(5) Developing the national digital infrastructure(6) Attracting foreign investment

(7) Improving human resource quality(8) Developing an ecosystem for innovation

(9) Incentive for technology investment(10) Harmonizing regulations

GovernmentSupport

3

REPUBLIKINDONESIA

Sumber:StateofGlobalIslamicEconomyReport

GlobalSpending

4

HalalAwareness

2TrillionUSD

1.24TrillionUSD

254BillionUSD

198BillionUSD

169BillionUSD

83BillionUSD

57.4BillionUSD

across halal lifestylesectors

Onhalalfoodandbeverage

Onhalalclothingandapparel

Onmediaandentertainment

Onhalaltravel

Onhalalpharmaceuticals

Onhalalcosmetics

REPUBLIKINDONESIA

55

CurrentCondition

Indonesiaranksastop5world’sconsumeronhalalproduct.

Sumber:StateofGlobalIslamicEconomy5

TOP5

126,000interactionsonsocialmedia

IslamicfinancialsectorIsthesector that beingactivelyobserved

followedbyMuslimfashionandhalaltourismsectors

UnlockthePotential

REPUBLIKINDONESIA

Sumber:FinancialServicesAuthority6

FintechIndustry

600 FinTech companies

53 companies Licensed

18.6 billion Value of transaction

18.65 billion USD transactions

150 million potential customers

140 million internet users

Indonesiaisapromisingandpotentialfintechmarkettoexplore

ConditionandPotential

REPUBLIKINDONESIA

Sumber:WorldEconomicForumReport

BasicObjectivesandPrinciples

Constructive Dialogue

Promote Approachability

Catch Up with Innovation

Harmonization of Regulation & Standards

Exhibit Commitment

EnablingEnvironment

7

RegulatorsandGovernment Fintech Industry

Fulfilling compliance with the strictest standards

Promoting organization through industry association

Encourage business transparency

REPUBLIKINDONESIA

PresidentialDecreeNumber91Year2016

www.bappenas.go.id8

NationalIslamicFinanceCommittee

REPUBLIKINDONESIA

9

www.bappenas.go.id

ThankYou