Minister of Finance Purbaya admits that the injection of Rp. 276 trillion into the banking sector has not been optimal to boost economic growth.

JAKARTA - Finance Minister Purbaya Yudhi Sadewa revealed that the placement of funds of Rp. 276 trillion to banks carried out some time ago has not yielded results according to initial estimates.

Purbaya estimates that the injection of funds is able to drive the growth rate of the economy faster, however, the realization in the early phase of the policy has not been optimal due to the lack of policy alignment with Bank Indonesia (BI).

"There is an impact of the policy of injecting money that we put in the banking system that is not as optimal as I thought, like my previous estimate. The economy should have run faster because there is a little bit of policy inynchrony between us and the Central Bank," he said in a press conference, Wednesday, December 31.

However, Purbaya stated that in the past month, coordination with BI has been running well so that this condition is expected to bring significant economic improvements.

"So the last month has been very good, the important thing is that in the future with policies that are increasingly synchronized between us and the Central Bank, the economy will grow better than now," he said.

For information, since September 12, 2025, the government has placed SAL funds of Rp. 200 trillion in five state-owned banks, namely Bank Mandiri, Bank Rakyat Indonesia (BRI), and Bank Negara Indonesia (BNI), each receiving Rp. 55 trillion.

Meanwhile, the State Savings Bank (BTN) received Rp25 trillion and the Indonesian Sharia Bank (BSI) received Rp10 trillion.

Furthermore, the placement of funds was carried out again on November 10, 2025 with a value of Rp. 76 trillion which was channeled to Bank Mandiri, BNI, and BRI, each of which was Rp. 25 trillion.

In addition, for the first time, Bank Jakarta also received a placement of funds of IDR 1 trillion.