Indonesian Political, Business & Finance News

Mandiri to Manage Rp100 Trillion Fund, Purbaya Aims to Strengthen Productive Sector

| | Source: REPUBLIKA Translated from Indonesian | Finance
Mandiri to Manage Rp100 Trillion Fund, Purbaya Aims to Strengthen Productive Sector
Image: REPUBLIKA

The government has placed an additional Rp100 trillion in funds with banks to encourage economic circulation, particularly in productive sectors close to the public. Bank Mandiri is one of the banks tasked with distributing these funds to ensure they flow into the business world.

Bank Mandiri’s Corporate Secretary, Adhika Vista, stated that the bank is prepared to manage the government’s funds prudently and channel them into sectors that directly impact the economy.

“The funds will be distributed selectively to productive sectors, focusing on strengthening people-based economic activities,” said Adhika on Friday (27/3/2026).

He assured that the distribution will be carried out effectively and transparently. This way, the funds will not remain stagnant in the banks but will truly stimulate business and public consumption.

In line with this, Finance Minister Purbaya Yudhi Sadewa explained that the Rp100 trillion fund placement is a government step to maintain liquidity while encouraging the economy to keep moving. He noted that the placement scheme has been made more flexible so that it can be quickly utilised by the banks. “This one is more flexible; we place Rp100 trillion there, and then they manage it,” said Purbaya.

According to him, the additional funds were provided after the government observed signs of liquidity tightness in the banking sector, especially as government bond yields began to rise. He said this situation needs to be addressed promptly to avoid disrupting the financial sector.

“I am adding another Rp100 trillion entering the economic system. We are seriously maintaining liquidity,” he stated.

Purbaya assessed that strengthening the productive sector is key to maintaining economic growth amid global pressures. The government, he said, continues to rely on fiscal and monetary engines to drive the private sector.

He also emphasised that the national economy is still on a positive trend. Increased public activity ahead of Eid al-Fitr is one indicator that purchasing power remains intact. “Everywhere is congested, people are shopping. That means purchasing power is there,” he said.

According to him, various indicators such as consumer surveys, manufacturing activity, and vehicle sales show an upward trend. This forms the basis for the government’s confidence that the economy is still growing solidly. “It’s not just optimism, but I see the data,” said Purbaya.

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