EN ID

Public Financing facility is alternative financing for Regional Governments (Pemda) and other public sector agency

Financing facility which provides alternative financing for Regional Governments (Pemda), Regional-Owned Enterprises (BUMD), Public Service Agencies (BLU), and Regional Public Service Agencies (BLUD), Central Public Service Agencies and other similar public sector agency to accelerate development in the regions, with short-term, mid-term, and long-term funding options. Public financing can drive national programs and development faster with a significant and sustainable impact on the economy, environment, social and quality of life of regional societies.

 

Why Public Financing?

As an alternative financing for regional development, PT SMI's public financing facility have a number of advantages, including:

  • Acceleration of improving public services to societies
  • Alternative financing for regions other than APBD (multiyears contracts)
  • Acceleration of regional development program targets achievement
  • Acceleration of regional economic growth

 

Public Financing Products

In its transformation as a Development Finance Institution (DFI), PT SMI provides public financing product options which can be chosen by regional governments according to their needs. These public financing products include:

  1. Reguler Pemda Financing
  2. Program Financing
  3. Financing to regional institutions (BUMD, BLU/BLUD/BLU Pusat, dll)
  4. Sharia Pemda Financing

 

ReFina (Regional Financing System)

Since 2021, PT SMI has developed a web-based application called ReFina to facilitate the public financing submission process, so that the process of implementing public financing can be carried out effectively and efficiently, as well as monitored in a transparent and accountable manner.

ReFina can be accessed via the following link:

refina.ptsmi.co.id