Jakarta –
Minister of Finance Purbaya Yudhi Sadewa believes that there is a need for additional placement of government funds in state-owned banks. Previously, government funds amounting to IDR 200 trillion had been distributed to 5 state-owned banks.
Purbaya said the growth rate of economic liquidity as reflected in the growth of base money (M0) is still around 13% currently, from previously around 0%. According to him, the ideal base money growth is 20%.
“Ideally it would be 20% less. I still have another IDR 250 trillion in the central bank, we’ll see what it’s like,” said Purbaya at the Head Office of the Directorate General of Taxes (DJP), Jakarta, Monday (13/10/2025).
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Despite opening up space to increase the placement of government funds into the Association of State-Owned Banks (Himbara), Purbaya admitted that he would no longer announce to the public the timing and amount in the future. This is to avoid commotion.
“Even if we want to add more, we won’t tell you now because the money operation is normal again, because then many people will protest ‘Purbaya is moving money carelessly, using the budget carelessly’, because they don’t understand that I’m just moving money, it has nothing to do with changes to the budget,” said Purbaya.
“I didn’t change the budget at all, nor did I carry out fiscal expansion. This is just optimizing the money for economic growth so that the private sector can grow,” explained Purbaya.
Purbaya added that the banks that requested additional placement of funds were BRI and BNI. If it is added later, the addition process is carried out secretly.
“I also add that in the future it will be quiet, except for BPD (regional banks),” said Purbaya.
(aid/hns)
