KSSK Asked to Involve Danantara in Every Decision-Making Process

President Prabowo Subianto has instructed the Financial System Stability Committee (KSSK) to enhance coordination, specifically by involving the Danantara Investment Management Agency (BPI Danantara) in every policy decision. The directive was issued during a coordination meeting at the Presidential Palace in Jakarta on Monday afternoon, just hours after the resignation of Bank Indonesia (BI) Governor Perry Warjiyo was announced. The meeting was attended by Acting BI Governor Destry Damayanti, Financial Services Authority (OJK) Chief Commissioner Friderica Widyasari Dewi, Deposit Insurance Corporation (LPS) Chief Commissioner Anggito Abimanyu, Minister of Investment and Downstreaming who also serves as Head of BPI Danantara Rosan Roeslani, and Head of the State-Owned Enterprise (BUMN) Regulatory Body Dony Oskaria.

Following the meeting, Destry Damayanti confirmed her position as Acting BI Governor after Perry Warjiyo’s resignation was accepted. She stated that a definitive replacement would be selected by the President with the approval of the House of Representatives (DPR) in accordance with the law. Destry also conveyed the President’s directive for KSSK to strengthen coordination and cooperation, not only among its members but also with BPI Danantara. ‘We will jointly support the government in line with the policy direction that has become the government’s line and achievements,’ Destry said.

Rosan Roeslani, Head of BPI Danantara, confirmed that KSSK has been asked to involve Danantara in every decision-making process. He explained that this involvement is necessary to ensure decisions have a direct impact on the economy and business, not just from fiscal and monetary perspectives. Danantara will also participate in monthly meetings with KSSK. ‘So, it is more about the whole ecosystem; the directive is for KSSK plus Danantara,’ he stated.

Destry Damayanti also urged the market not to panic despite the leadership change at the central bank. She assured that BI would maintain its existing policy stance, with exchange rate stability remaining a key focus. BI will continue to intervene in the market through spot transactions, non-deliverable forwards (NDF), and domestic non-deliverable forwards (DNDF). Macroprudential policies supporting growth will also be sustained. Furthermore, BI will persist with measures to encourage foreign capital inflows, including incentives such as lower hedging costs, as decided in the July Board of Governors meeting. The leadership transition follows the announcement of Perry Warjiyo’s voluntary resignation, which was submitted to the President on Saturday for personal reasons.