{
    "success": true,
    "data": {
        "id": 1566968,
        "msgid": "bi-records-m2-money-supply-up-10-per-cent-in-january-2026-reaching-rp10-117-8-trillion-1771823808",
        "date": "2026-02-23 11:48:01",
        "title": "BI Records M2 Money Supply Up 10 Per Cent in January 2026, Reaching Rp10,117.8 Trillion",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Banking",
        "summary": "Bank Indonesia reported that broad money supply (M2) grew 10 per cent year-on-year in January 2026 to Rp10,117.8 trillion, accelerating from 9.6 per cent growth in December 2025. The expansion was primarily driven by a 22.6 per cent surge in net claims on the central government and 10.2 per cent credit growth, while adjusted base money (M0) rose 14.7 per cent to Rp2,193 trillion.",
        "content": "<p>Jakarta, VIVA \u2013 Bank Indonesia (BI) has revealed that economic\nliquidity, or broad money supply (M2), grew at a higher rate in January\n2026, rising 10 per cent year-on-year to reach Rp10,117.8 trillion.<\/p>\n<p>BI\u2019s Executive Director of the Communications Department, Ramdan\nDenny Prakoso, stated that M2 growth in January 2026 was higher than the\n9.6 per cent year-on-year growth recorded in December 2025.<\/p>\n<p>\u201cThis development was driven by narrow money supply (M1) growth of\n14.9 per cent year-on-year and quasi-money growth of 5.4 per cent\nyear-on-year,\u201d Ramdan said in a statement in Jakarta on Monday, 23\nFebruary 2026.<\/p>\n<p>In greater detail, the increase in M2 in January 2026 was primarily\ninfluenced by net claims on the central government and credit\ndisbursement. Net claims on the central government grew by 22.6 per cent\nyear-on-year, accelerating from 13.6 per cent year-on-year growth in the\nprevious month.<\/p>\n<p>Meanwhile, credit disbursement in January 2026 grew by 10.2 per cent\nyear-on-year, higher than the 9.3 per cent year-on-year growth in\nDecember 2025. In this context, credit extended refers solely to loans\nand excludes financial instruments equivalent to loans, such as debt\nsecurities, banker\u2019s acceptances, and repurchase agreement claims.<\/p>\n<p>Additionally, credit extended excludes lending by commercial bank\noffices domiciled abroad, as well as credit disbursed to the central\ngovernment and non-residents.<\/p>\n<p>BI also reported that adjusted base money (M0) for the same period\ngrew by 14.7 per cent year-on-year, continuing from 16.8 per cent\nyear-on-year growth in the previous month, reaching Rp2,193\ntrillion.<\/p>\n<p>Adjusted M0 reflects base money developments that have isolated the\nimpact of declining commercial bank current accounts at BI resulting\nfrom liquidity incentive provisions. The adjusted M0 development in\nJanuary 2026 was influenced by 30.1 per cent year-on-year growth in\nadjusted commercial bank current accounts at BI and 12.4 per cent\nyear-on-year growth in currency in circulation.<\/p>\n<p>Based on contributing factors, adjusted M0 growth has taken into\naccount the impact of liquidity incentive provisions (adjusted monetary\ncontrol).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-records-m2-money-supply-up-10-per-cent-in-january-2026-reaching-rp10-117-8-trillion-1771823808",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}