Purbaya to Align IDR 200 Trillion Fund Placement Strategy with Bank Indonesia's Policies
Finance Minister Purbaya Yudhi Sadewa stated that he would adjust the strategy for placing government funds of IDR 200 trillion in banks in accordance with Bank Indonesia (BI) policies.
“We will align our strategy with the central bank’s strategy,” Purbaya told reporters at the Ministry of Finance in Jakarta on Tuesday, February 24, 2026, as reported by Antara.
Purbaya stated that the IDR 200 trillion surplus budget would remain in the banking system for the next six months. “So, banks don’t have to worry about it being withdrawn,” he said.
So far, Purbaya has no plans to increase the amount of funds injected. However, he also does not rule out the possibility of increasing the placement of government funds in banks in the future.
“The important thing is that I monitor the state of the funds in the banks, and I ensure that the liquidity of the banking system in our economy is sufficient to encourage the economy to a higher level of growth,” he said.
Purbaya extended the period of placement of government funds of IDR 200 trillion in banks until September 2026. The IDR 200 trillion placement will mature on March 13, 2026, and will be automatically extended for the next six months. An evaluation of this policy will be carried out again in September.
Purbaya explained that since the beginning of the fund placement in September 2025 until January 2026, the policy has helped to reduce deposit and lending interest rates.
The six-month deposit interest rate was recorded at 4.73 percent in January 2026, down from 5.03 percent in November 2025, while the three-month deposit rate fell to 4.68 percent in January 2026 from 4.71 percent in November 2025.
“Lending rates have fallen to 8.80 percent as of January 2026 compared to 9.20 percent in January last year,” he said.
Meanwhile, credit growth was recorded at 9.96 percent year-on-year (yoy) in January 2026. Meanwhile, third-party fund (DPK) growth reached 13.5 percent and primary money (M0) growth of 11.7 percent as of February 2026.
Previously, the government placed a total of IDR 276 trillion in funds from the surplus budget in five banks that are members of the Association of State-Owned Banks (Himbara) and one regional development bank (BPD).
In detail, Bank Mandiri, BRI and BNI each received IDR 80 trillion, BTN IDR 25 trillion, BSI IDR 10 trillion, and Bank DKI IDR 1 trillion. Of this total, IDR 75 trillion was then withdrawn to be spent to support central and regional government spending.
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