DK-Jakarta– Indonesia’s Finance Minister Purbaya Yudhi Sadewa has transferred IDR 200 trillion (approx. USD 13 billion) of state funds to five state-owned banks (Himbara) in a move aimed at strengthening liquidity and accelerating credit growth.
Bank Indonesia (BI) Governor Perry Warjiyo welcomed the decision, saying it aligns with BI’s ongoing efforts to support liquidity injection into the financial system.
“We welcome the Finance Minister’s move to channel government funds into the banking system. This will further strengthen the liquidity injection we have already carried out,” Perry said during a virtual press conference on Wednesday (Sept 17).
BI Liquidity Expansion
Perry explained that BI has also conducted liquidity expansion through the Rupiah Securities (SRBI), reducing outstanding instruments from IDR 916 trillion in January 2025 to IDR 720 trillion by August 2025.
He emphasized that government measures—combined with BI’s monetary policies—would not only secure financial system stability but also stimulate the real sector, business activity, and credit demand, ultimately pushing economic growth.
Government Push for Credit Growth
The Finance Ministry had sent the funds on Friday, Sept 12, 2025, to five Himbara banks. Minister Purbaya stressed that banks must actively channel the fresh liquidity into loans rather than letting the money sit idle.
“When banks have excess money, there’s a cost of capital. If they just keep it in the vault, they lose out. This fund injection should encourage them to look for quality projects and productive sectors to finance,” Purbaya said at the Parliament Complex on Thursday (Sept 11).
He further described the move as “fuel for the market mechanism”, pushing banks to be more aggressive in lending rather than staying passive.
“By doing so, the money will circulate through the economy. Growth will accelerate, and credit will expand much faster than it does today,” he added optimistically.
Economic Outlook
The combined fiscal and monetary efforts are expected to:
Bolster banking liquidity and lending capacity.
Encourage investment and consumption in the real sector.
Accelerate economic growth by distributing funds more widely across industries.
With Indonesia targeting stronger economic expansion, the Finance Minister and BI are confident that this coordinated liquidity injection will provide a significant boost to both the banking sector and the wider economy.
