Anastasya Lavenia Yudi, Jakarta – Indonesia's Finance Minister Purbaya Yudhi Sadewa has explained the rationale behind the government's latest move to inject an additional Rp76 trillion into the country's banks, a step aimed at boosting liquidity and supporting economic activity.
The funds, disbursed on November 10, 2025, were allocated to Bank Mandiri, BRI, and BNI at Rp25 trillion each, and to Bank Jakarta (Bank DKI) at Rp1 trillion. The transfer brings the total amount of state funds placed in the banking sector to Rp276 trillion.
Purbaya said the fresh injection was aimed at boosting base money to increase liquidity and stimulate activity in the real sector. He noted that the policy had helped raise the money supply (M0) to around 13 percent in September. However, the figure declined to about 7 percent in October.
"That is why I added another Rp76 trillion to the economy last Friday. It gives the economy a little more gas," Purbaya said during the Bloomberg Technoz Ecoverse event at The Westin Jakarta on Thursday, November 20, 2025.
Speaking to reporters after the event, Purbaya said he had no plans to revise the policy, even though bank lending slowed in October. Bank Indonesia reported that credit growth reached 7.36 percent year on year in October, down from 7.70 percent in September.
"No, there will be no evaluation. I will add more money instead," Purbaya said.
As of October 22, 2025, the Finance Ministry reported that Rp167.6 trillion of the Rp200 trillion placed in banks had been disbursed as loans, equivalent to 84 percent. Bank Mandiri and BRI had disbursed 100 percent of their allocations, while BNI had reached 68 percent, BTN 41 percent, and BSI 99 percent.
