Purbaya to Inject Rp100 Trillion More into Banks, Here Are the Conditions
Jakarta, CNBC Indonesia – Indonesian Finance Minister Purbaya Yudhi Sadewa plans to increase the government’s placements into banks by Rp100 trillion, after extending the Rp200 trillion already placed in state-owned banks (Himbara) since September 2025 from idle funds held by the government at Bank Indonesia. He said the nominal addition will be more flexible than those placed previously. In other words, the government can withdraw or add the Rp100 trillion at any time, not like the Rp200 trillion placed as on‑call deposits for six months in Himbara. ‘Later perhaps another Rp100 trillion that can go in and out—meaning it is not tied to long‑term deposits, but short‑term and flexible,’ Purbaya said in his office in Jakarta on Friday (6 March 2026). Purbaya acknowledged that the additional funds are not like the Rp200 trillion previously placed, which came from Saldo Anggaran Lebih (SAL) — i.e., not included in the government’s spending ceiling. He said the Rp100 trillion addition will utilise funds that could be used for state expenditure. ‘If up to Rp300 trillion is idle, the additional funds may be used rather than placing them in BI banks with no access; we will move them to this to add money to the economy,’ he explained. ‘But when we are about to spend, it can come out immediately. Yet before it is used, it should help the economy,’ he stressed. Nevertheless, Purbaya did not reveal when the additional funds in the Himpunan Bank Milik Negara would be executed. He emphasised that he has asked Director General of State Treasury Astera Primanto Bhakti to study its realisation.