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"Jokowi Allows Citizens to Pawn Land Certificates, but There Are Conditions"

President Joko Widodo (Jokowi) gives permission to residents to possess their own land certificates. However, this action can only be taken as long as the funds obtained are used for activities that generate income and have the ability to make regular payments.

"Kalau ingin sertifikat ini disekolahkan, silakan disekolahkan tidak apa-apa, tetapi saya minta betul-betul dihitung, disekolahkan untuk apa," "If you want this certificate to be enrolled, please feel free to enroll it, but I ask that it be carefully considered, enroll it for what,"
Jokowi said during the Land Certificate Handover Event for residents of East Java Province at GOR Delta, Sidoarjo Regency, East Java, as reported by Antara on Wednesday (27/12/2023).

"Swipe Up"

               

Jokowi wants citizens to really calculate their income sources and ability to repay installments and loan interest first.

Jokowi Perbolehkan Warga Gadaikan Sertifikat Tanah, Tapi Ada Syaratnya

The following is the translation of the 'Bahasa' text to 'English' while preserving any HTML tags: "Action must be taken before deciding to register the newly symbolically distributed land certificates by the President to 4,000 residents in East Java."

"\u201cBut still calculate carefully how much you want to borrow, Rp10 million, Rp100 million, Rp200 million is calculated, can you pay monthly installments, can you pay the installment and interest? Don't let you already have the certificate because it is not calculated, not calculated, borrowed, given, it turns out that after 6 months you can't pay the installment to the bank, finally the certificate is lost. Don't let it happen,\u201d"

add Jokowi.

               
Jokowi Perbolehkan Warga Gadaikan Sertifikat Tanah, Tapi Ada Syaratnya

Jokowi conveyed information about 4,000 certificates, consisting of 3,200 land certificates from the PTSL program and 800 recipients of redistributed land certificates that have been distributed.

"Inisiatif Pemerintah" translates to "Government Initiative" in English.

This is an initiative from the government through the Ministry of Agrarian and Spatial Planning/National Land Agency (ATR/BPN) to provide legal evidence of land ownership rights to the community.

               

"Jokowi will be disappointed if..."

Jokowi stated that he would be disappointed if the government's efforts ended up being futile because the public is not smart in registering land certificates and determining the amount of loans. The Ministry of Agrarian and Spatial Planning/National Land Agency (ATR/BPN) recorded the progress of land registration in Indonesia. Out of the total target of 126 million land parcels, currently 110 million land parcels are registered, with 90.1 million of them already having certificates.

"Please use this as collateral, as collateral, but once again everything is calculated. If selling something, how much income from sales, how much profit, can it be paid in installments, can it be paid gradually, everything is calculated. I don't want the certificate to have worked hard to prepare this but the certificate of the father or mother will be seized by the bank, no, I want this certificate to bring prosperity,"
"ujar Jokowi" translates to "said Jokowi" in English.

"Swipe Up"

               

"Economic Value"

For East Java, out of an estimated total of 19.9 million plots of land, 16.5 million of them have been registered, while 3.4 million plots of land are still unregistered.

Through the land registration process, there has been an increase in economic value. Since it began in 2017, the increase in economic value from land certification has reached Rp6,066.7 trillion, and 96 percent of it circulates in society through Hak Tanggungan. Specifically, the increase in economic value in East Java only in 2022 reached Rp116.6 trillion, and 95 percent of it circulates in society through Hak Tanggungan.

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