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Peningkatan Keuangan Inklusif Melalui Program Keluarga Harapan
[Increasing Financial Inclusion Through Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan)]

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  • Ngasuko, Tri Achya

Abstract

A high level of population inequality usually accompanies the high poverty rate. Indonesia has various ways to solve this problem. The government is always trying to continuously and simultaneously prepare and implement programs to solve these problems. The Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan/ PKH) recipients increase to 10 million recipients in 2018. However, this program will not always be given to the recipients. Households that receive this program are expected to increase their welfare in the six years since receiving PKH funds. Logically, if a family has finished and graduated from the PKH program, it means that PKH recipients are relatively more prosperous compared to the previous situation. With more prosperity, they may have the potential to have an income that will ultimately have the ability to save, for example, in some formal financial institutions, banks. By using Susenas 2017 data, this paper will try to fill the knowledge gap about the extent of the contribution of PKH families who have graduated to increase financial inclusion. This study uses secondary data from Susenas in 2017 produced by BPS. The results of the study show that PKH program recipients based on 2017 Susenas data are 4.1 million. Of these, it turns out there are 327,437 households that ultimately do not get any more PKH program funding, or they have graduated. Basically, there are no specific targets for channeling PKH funds that will contribute specifically to increasing financial inclusion. However, data from Susenas on PKH graduation families can access formal financial institutions in the form of savings in banks even though in a limited amount. Of the 327,427 households that have graduated from the PKH program, only about 29% or around 94 thousand families have and access formal financial services. In the end, compared to the total number of families in Indonesia of 69.3 million families, the contribution of PKH graduation families to financial inclusion is only about 0.13%.

Suggested Citation

  • Ngasuko, Tri Achya, 2018. "Peningkatan Keuangan Inklusif Melalui Program Keluarga Harapan [Increasing Financial Inclusion Through Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan)]," MPRA Paper 98335, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:98335
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    References listed on IDEAS

    as
    1. Boldbaatar, Myagmarsuren & Lee, Choong Lyol, 2015. "Financial Accessibility and Economic Growth," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 19(2), pages 143-166, June.
    2. Asli Demirguc-Kunt & Leora Klapper & Dorothe Singer & Saniya Ansar & Jake Hess, 2018. "Global Findex Database 2017 [La base de datos Global Findex 2017]," World Bank Publications - Books, The World Bank Group, number 29510, December.
    3. Suahasil Nazara & Sri Kusumastuti Rahayu, 2013. "Program Keluarga Harapan (PKH): Indonesian Conditional Cash Transfer Programme," Policy Research Brief (Arab) 42, International Policy Centre for Inclusive Growth.
    4. Muhammad Syukri & Sirojuddin Arif & Meuthia Rosfadhila & Widjajanti Isdijoso, 2010. "Making the Best of all Resources: How Indonesian Household Recipients Use the CCT Allowance," IDS Bulletin, Blackwell Publishing, vol. 41(4), pages 84-94, July.
    5. Demirguc-Kunt, Asli & Klapper, Leora, 2012. "Measuring financial inclusion : the Global Findex Database," Policy Research Working Paper Series 6025, The World Bank.
    6. Ngasuko, Tri Achya, 2018. "Faktor Yang Mempengaruhi Rumah Tangga Untuk Mengakses Lembaga Keuangan Formal: Studi Kasus Susenas 2015 [Determinant Factor For Household To Access Formal Financial Institution: The Study Case Suse," MPRA Paper 97995, University Library of Munich, Germany.
    7. Ngasuko, Tri Achya, 2018. "Peningkatan Keuangan Inklusif Melalui Program Keluarga Harapan [Increasing Financial Inclusion Through Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan)]," MPRA Paper 98335, University Library of Munich, Germany.
    8. Suahasil Nazara & Sri Kusumastuti Rahayu, 2013. "Program Keluarga Harapan (PKH): Indonesian Conditional Cash Transfer Programme," Policy Research Brief 42, International Policy Centre for Inclusive Growth.
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    1. Ngasuko, Tri Achya, 2018. "Peningkatan Keuangan Inklusif Melalui Program Keluarga Harapan [Increasing Financial Inclusion Through Indonesian Conditional Cash Transfer Programme (Program Keluarga Harapan)]," MPRA Paper 98335, University Library of Munich, Germany.

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    More about this item

    Keywords

    Financial Inclusion; Conditional Cash Transfer; Indonesia; PKH; Susenas 2017;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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