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View all search resultsThe placement brings the government’s total liquidity injections into state-owned lenders such as Bank Mandiri, BRI and BNI to around Rp 300 trillion.
inance Minister Purbaya Yudhi Sadewa revealed that the ministry has injected another Rp 100 trillion (US$5.93 billion) into local banks to safeguard their financial liquidity ahead of Idul Fitri. The placement brings total government’s liquidity injections to around Rp 300 trillion.
Purbaya said the move was triggered by indications of rising yields, which signal a possible liquidity shortage that could lead to broader interest rate hikes.
“A week before Idul Fitri, I added another Rp 100 trillion to the economic system. We are maintaining significant liquidity in our financial system,” he said on Wednesday, as quoted by Kumparan.
He went on to say that government cash deposited at Bank Indonesia (BI) currently exceed Rp 400 trillion, providing ample fiscal firepower.
In the initial phase, the funds are being channeled to state-owned and regional development banks to ensure controlled distribution.
Private banks have yet to be prioritized as the government “exercises caution in fund placements”.
Unlike previous schemes with tenors of up to six months, this placement is designed to be flexible and available for withdrawal at any time as part of a broader treasury strategy to maintain year-round liquidity stability.
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