Hotman Paris Protests Deposit Interest Drops, Minister Of Finance Purbaya: The Goal Is For Him To Spend More

Minister of Finance Purbaya Yudhi Sadive said that the policy of placing government funds of Rp200 trillion in state-owned banks (Himbara) began to show its impact.

He gave an example, as one of the initial indications of the policy, was the emergence of complaints regarding the decrease in deposit interest rates, because they had received protests from lawyer Hotman Paris Hutapea.

"Hotman Paris protested when he extended his deposit, the interest fell, he lost. That's my goal," said Purbaya in a press conference on the KITA State Budget, Monday, September 22.

Purbaya explained that the reduction in interest aims to encourage the public, including the upper class such as Hotman Paris, to return to spending their money

"Let him shop again. If shopping is on the road economy. That is the goal. It is a confirmation that our policy is starting to work," he said.

The state funds are placed in Himbara Bank with low interest rates, which is 80 percent of the benchmark interest rate of Bank Indonesia with an initial tenor set for six months, although it can be extended.

"But actually there is no tenor. This is the impact on liquidity increasing, costs of funds are decreasing," he said.

He is also optimistic that the decline in interest will encourage increased consumption and investment, which will then have a multiplier effect on national economic growth.

"This will also be synergized with monetary policy in the future. BI has lowered 25 basis points, the goal is the same to help liquidity of the banking system so that interest drops and the road economy. They also (BI) pro growth," he explained.

Sebagai informasi, kebijakan ini diatur dalam Keputusan Menteri Keuangan Nomor 276/2025 mengenai tingkat bunga pemerintah di bank-bank BUMN.

Secara rinci, dana negara ditempatkan di Bank Mandiri, BNI, dan BRI masing-masing sebesar Rp55 triliun.

Sementara Bank BTN menerima Rp25 triliun dan BSI sebesar Rp10 triliun.

For information, this policy is regulated in the Decree of the Minister of Finance Number 276/2025 concerning the government's interest rates at state-owned banks.

In detail, state funds are placed in Bank Mandiri, BNI, and BRI each amounting to IDR 55 trillion.

Meanwhile, Bank BTN received IDR 25 trillion and BSI IDR 10 trillion.