From Policy to Practice: Lessons From Prakerja G2P Payment Solutions

TOPICS

Digital Financial Services

FIW Year

2024

Transcripts:

English

Spanish

French

Summary + Key Insights

Prakerja G2P program in Indonesia showcases an innovative, digital, recipient-centric approach to enhance financial inclusion and skill development, impacting millions.

🌍 Innovative G2P Model: Prakerja’s G2P 3.0 model demonstrates how technology can streamline social assistance, reducing corruption and inefficiency.

📊 Empowerment Through Education: The program not only provides financial aid but also focuses on imparting skills, fostering long-term self-reliance.

🚀 Rapid Adaptation: Developed during the pandemic, Prakerja pivoted to meet urgent labor market needs, proving flexible in crisis response.

📈 Financial Inclusion Growth: 46% of beneficiaries opened bank accounts or e-wallets, indicating progress towards broader financial inclusion.

🔗 Essential Infrastructure: Improved digital infrastructure is crucial for reaching remote areas, ensuring equitable access to financial services.

🛡️ Cybersecurity Necessity: As digital payments expand, enhancing cybersecurity measures is vital to protect users and foster trust.

🏛️ Governmental Role: Continued government support and clear objectives are necessary for sustaining public-private partnerships and extending program impact.

This session summary was AI-generated using NoteGPT.

In today’s digital age, inclusive access to government services is vital. Prakerja stands out as a successful Government to Person (G2P) 3.0 program, addressing financial inclusion through innovative payment solutions. This session highlights Prakerja’s journey in G2P 3.0, focusing on how it effectively reaches underserved populations.

By utilizing multi-channel, beneficiary-focused digital payment systems and collaborating with banks and e-wallet providers, Prakerja ensures smooth G2P payment disbursement. The session will address challenges, such as digital literacy and access, while showcasing the program’s positive impact on financial inclusion. Prakerja’s integration of advanced interoperability features guarantees efficient, secure, and accessible transactions.

Through evidence-based discussions, participants will learn the strategies that have positioned Prakerja as a model for inclusive digital G2P programs, offering valuable lessons for promoting financial inclusion and economic empowerment.

Session Speakers

Denni Puspa Purbasari

Executive Director of PMO, Kartu Prakerja

Denni Puspa Purbasari is the Executive Director of the Program Management Office of Kartu Prakerja Program at the Coordinating Ministry for Economic Affairs since March 2020. She is also a lecturer at the Department of Economics, Universitas Gadjah Mada. She earned her Ph.D. in Economics at the University of Colorado at Boulder in 2006. Before serving at PMO Kartu Prakerja Program, she was the Economic Deputy Chief of Staff of the President of the Republic of Indonesia in 2015-2020 and the Assistant to the Economic Advisor for the Vice President of the Republic of Indonesia in 2009-2014. She is the recipient of Satya Lencana Karya Satya X, Fulbright Scholarship, Stanford Calderwood Student Teaching Award, James C. Campbell Thesis Research Award, Beverly Sears Student Research Award, and the University of Colorado Fellowship.

Hengki Sihombing

Director of Operations of PMO, Kartu Prakerja

With over a decade of diverse leadership experience spanning technology, product management, and entrepreneurship, Hengki Sihombing is a dynamic professional dedicated to driving innovation and impactful change. Currently serving as the Director of Operations, and also acting as Director of Technology for the first two years, for the groundbreaking Kartu Prakerja program, Hengki Sihombing has played an instrumental role in pioneering a digital ecosystem that includes an e-marketplace for training, digital payment systems, and seamless beneficiary disbursements. Prior to this role, Hengki Sihombing played a pivotal role as the VP of Products at Cashbac, excelling in enhancing user engagement and product growth. Their achievements included a substantial improvement in user conversion rates and app usage. Furthermore, Hengki Sihombing is the founder and CTO of Urbanhire, where they successfully raised significant funding, onboarded a multitude of clients, and steered the company to rapid growth. With a strong educational background, including studies at the University of Oxford’s Saïd Business School and Lee Kuan Yew School of Public Policy, Hengki Sihombing combines a wealth of practical expertise with a commitment to driving positive societal impact. Hengki Sihombing’s journey, from software engineering roles at companies like OLX to entrepreneurship and leadership in the tech industry, showcases their multifaceted skills, strategic acumen, and passion for technology and innovation.

Raden Muhamad Purnagunawan

Head of Economic Capacity & Improvement Policy Team, TNP2K Secretariat

Dr. Raden Muhamad Purnagunawan is a lecturer in the Department of Economics, Padjadjaran University at West Java, Indonesia. He has been a researcher at Center for Economics and Development Studies (CEDS), Padjadjaran University since 1999. He is currently also the Economic Capacity Improvement Policy Team Leader in the Secretariat of the National Team for the Acceleration of Poverty Reduction (TNP2K), a policy think tank under the Office of Vice President of the Republic of Indonesia. He earned his Ph.D in economics from Australian National University, Australia in 2011. His research interests are mainly in the areas of employment, industrial organization, poverty, financial inclusion, and MSMEs development and policy.

Karaniya Dharmasaputra

President, OVO (PT Visionet Internasional)

Karaniya Dharmasaputra is the President Director of OVO, Indonesia’s first fintech unicorn and a leading digital payment and financial services platform serving Indonesians nationwide. OVO, Indonesian payment arm of Grab, Southeast Asia’s largest mobile-technology company, strives to drive financial inclusion and expand digital payments to support the Indonesian people. Karaniya joined OVO after more than 20 years of experience in the media and financial technology industries. Aside from being the President Director of OVO, Karaniya is also Co-Founder and CEO of Bareksa, the first online integrated mutual funds marketplace in Indonesia. Karaniya, together with economists and academics, also established the Indonesia Fintech Society (IFSoc), a policy discussion forum on issues related to the development of financial technology in Indonesia. Karaniya obtained his postgraduate degree from The George Washington University after completing his undergraduate studies at Gadjah Mada University, Indonesia.

Puri Anindita

Anchor, Nusantara Kini

Puri Anindita is a seasoned news anchor and communication professional with over 15 years of experience in broadcast journalism. Starting as a radio broadcaster at Hard Rock FM, she has worked with leading platforms such as Voice of America, Kompas TV, and Jawa Pos Group. Currently, she anchors Nusantara Kini, a daily evening news program. Puri has also built a reputation as a versatile Master of Ceremony and moderator for international events across various sectors. Notably, her career highlights include covering President Barack Obama’s inauguration and interviews with prominent figures like President Gus Dur and East Timor’s President, José Ramos-Horta.

FIW Resources

Explore Financial Inclusion Week sessions from previous years.

Hosted annually by the Center for Financial Inclusion, FIW brings together global leaders to exchange ideas, share research, and offer perspectives to inform the future of inclusive finance.

Browse Sessions