This Is The Reason Why DKI Funds Can Deposit Up To IDR 14.6 Trillion In Banks

Head of the Regional Financial Management Agency (BPKD) Michael Rolandi Cesnanta Brata explained the cause of the funds deposited in the regional development bank (BPD) in this year's regional budget.

Regarding the deposited regional funds, this was previously in the spotlight of the Minister of Finance, Purbaya Yudhi Sadive. According to the Ministry of Finance's records, the funds that are still stored and have not been absorbed in Jakarta amounted to Rp. 14.6 trillion.

Michael explained that the DKI Provincial Government has not fully absorbed the budget this year because there are a number of flagship programs for DKI Jakarta Governor Pramono Anung or quick wins that have just been launched after the 2025 APBD changes.

"The slowdown in spending in the second and third quarters occurred due to adjustments to the quick wins program through the 2025 APBD-P and improvements in governance in accordance with the principles of good governance and spending better," Michael said in his statement, Wednesday, October 22.

However, Michael emphasized that the DKI Provincial Government does not intend to save regional funds in banks in order to get interest benefits / returns, but is related to local government spending patterns that experience accelerated payments in the last quarter.

"The DKI Provincial Government is committed to encouraging budget absorption in the fourth quarter through quality spending, impacting the interests of the community, and contributing to accelerating the national economy," he said.

Thus, Michael ensures that the remaining higher budget calculations (SiLPA) until November and will gradually shrink in December every year, as payments have increased significantly in the last two months.

"As an illustration, payments (budget absorption) in December 2023 reached Rp. 16 trillion and December 2024 reached Rp. 18 trillion," he explained.

Previously, Minister of Finance Purbaya Yudhi Sadive revealed that the absorption of the Regional Revenue and Expenditure Budget (APBD) until the third quarter of 2025 was still slow. In fact, the central government has channeled funds to the regions in a timely and fast manner.

He explained that the delay in spending caused the accumulation of regional funds in banks and currently, it is recorded that funds that have not been utilized by the Regional Government (Pemda) reach Rp234 trillion are still stored in banks.

"The low absorption has resulted in adding additional deposits of local government money that are unemployed in banks of up to Rp. 234 trillion. So it is clear, this is not about the money not having any, but about the speed of execution," he said in an inflation control meeting in 2025, Monday, October 20.

Purbaya reminded regional apparatus organizations (OPD) and budget managers in the regions to be wiser in managing finances.

In addition, he emphasized the importance of limiting the storage of funds and accelerating their use, especially for productive spending.

Purbaya also encouraged local governments not to delay spending until the end of the year and emphasized the importance of maintaining financial governance and integrity in budget implementation, considering this has a direct impact on the level of investor and community trust.

The following is a list of 15 local governments with the highest amount of fund deposits according to the Ministry of Finance: 1. DKI Jakarta Province IDR 14.6 trillion2. East Java Province IDR 6.8 trillion3. Banjarbaru City IDR 5.1 trillion4. North Kalimantan Province IDR 4.7 trillion5. West Java Province IDR 4.1 trillion6. Bojonegoro Regency IDR 3.6 trillion7. West Kutai Regency IDR 3.2 trillion8. North Sumatra Province IDR 3.1 trillion9. Talaud Islands Regency IDR 2.6 trillion 10. Mimika Regency IDR 2.4 trillion11. Badung Regency IDR 2.2 trillion12. Tanah Bumbu Regency IDR 2.11 trillion13. Bangka Belitung Province IDR 2.10 trillion14. Central Java Province IDR 1.9 trillion15. Balangan Regency IDR 1.8 trillion