{
    "success": true,
    "data": {
        "id": 1845607,
        "msgid": "regarding-placement-of-rp-400-t-sal-funds-purbaya-indonesian-economy-will-accelerate-1783421635",
        "date": "2026-07-07 17:20:31",
        "title": "Regarding Placement of Rp 400 T SAL Funds, Purbaya: Indonesian Economy Will Accelerate!",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has stated that placing Rp 400 trillion in government excess budget funds (SAL) with state-owned banks will help reduce the state budget deficit and eliminate recent economic disruptions. The placement includes Rp 200 trillion until the end of 2026, Rp 100 trillion for three months, and a flexible Rp 100 trillion. Parliament has recommended extending the placement tenors to allow banks to better channel financing to productive sectors and MSMEs.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa has revealed that the placement\nof government excess budget funds (SAL) in banks belonging to the\nAssociation of State-Owned Banks (Himbara) will have an impact on the\ngovernment\u2019s fiscal position. Purbaya is confident this placement will\nhelp reduce the State Budget (APBN) deficit of 2.85%. \u201cThere is a\npossibility we can lower it further, depending on the impact of the\npolicy we just implemented yesterday, where we put Rp 400 trillion into\nthe economy, and Bank Indonesia is also helping,\u201d he explained to\nreporters at the DPR RI building on Tuesday (7\/7\/2026). He is even\nconfident that disruptions to the Indonesian economy will disappear as\nthis SAL fund placement policy takes effect, and he asserted that the\nIndonesian economy will run fast. \u201cWe should grow even faster, so the\ndisruptions from late May to June will disappear, the economy will race\nforward,\u201d said Purbaya. Regarding the tenor of the SAL fund placement in\nHimbara, Purbaya confirmed the tenors have been set and the policy has\nbeen carefully studied. He stated that Rp 200 trillion of the government\nfunds has been placed until the end of 2026, while another Rp 100\ntrillion is placed for a three-month period. The remaining Rp 100\ntrillion is designated as flexible funds that can be withdrawn and\ndeposited at any time according to government needs. \u201cI have already\ngiven it,\u201d Purbaya stressed. \u201cSo, Rp 200 trillion until the end of the\nyear, Rp 100 trillion reviewed every three months, and Rp 100 trillion\nis flexible,\u201d he continued. According to Purbaya, the SAL retains its\nstrategic function as a buffer for the State Budget, allowing the\ngovernment to withdraw it at any time if necessary. He is confident that\nif the government withdraws funds, Bank Indonesia will subsequently\ninject liquidity into the banking system, so Himbara banks need not\nworry. \u201cBecause we will also anticipate if we need funds, but later,\nBank Indonesia will also fill in. If we withdraw funds, BI will fill in,\nso gradually the money supply in the system will be more stable than\nbefore,\u201d he said. When asked about the distribution of funds among the\nindividual Himbara banks, Purbaya only stressed that the allocation was\nproportional. Deputy Chairman of Commission XI DPR RI, Fauzi Amro, had\npreviously asked the government to consider extending the tenor of SAL\nplacements in state-owned banks or Himbara. He argued that the policy\ncould provide greater room for banks to optimise financing distribution\nto productive sectors, particularly micro, small, and medium enterprises\n(MSMEs), while maintaining banking liquidity stability. Fauzi revealed\nthat the state-owned banks were not asking for additional funds, but\nrather proposing that the placement period be extended so the funds\ncould be utilised more optimally as working capital. \u201cWe also recommend\nthat the tenor be longer. If it\u2019s on call, it could be taken back in a\nmonth. What can people do with that?\u201d said Fauzi. The legislator from\nthe NasDem Party faction explained that, based on Himbara\u2019s submission,\na short-term placement tenor makes it difficult for banks to manage\nfinancing. He clarified that the funds received need to be channelled to\nproductive sectors before being returned to the government according to\nthe set placement period. According to Fauzi, banks are proposing that\nthe SAL placement tenor be extended to around three to six months, or\neven up to one year. With such a scheme, banks would have adequate time\nto channel financing to businesses and MSMEs, allowing the benefits of\ngovernment funds to be felt more widely by the public. \u201cWhat they are\nasking for is three to six months. So that the working capital provided\nto Himbara can be utilised for MSMEs or companies, because that takes\ntime,\u201d explained the legislator from the South Sumatra I electoral\ndistrict. He stressed that the proposal is not intended to increase the\namount of SAL funds placed in Himbara. The banks\u2019 request is solely\nrelated to adjusting the placement period to make fund management more\neffective. \u201cWhat they are asking for is an extension of the tenor, not\nan addition. If it\u2019s an addition, that is certainly the government\u2019s\nauthority based on the existing fiscal conditions,\u201d he asserted. He\nexplained that the placement of SAL funds in Himbara is fundamentally\npart of the government\u2019s effort to maintain liquidity in the banking\nsector. Furthermore, these funds are expected to strengthen the banking\nintermediation function by increasing credit distribution to productive\nsectors that can drive national economic growth.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/regarding-placement-of-rp-400-t-sal-funds-purbaya-indonesian-economy-will-accelerate-1783421635",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}