Purbaya Guyur Himbara Rp400 Triliun, Kredit Dibidik Tumbuh 15 Persen

JAKARTA - The government has placed funds of up to Rp. 400 trillion in Himbara banks to increase banking liquidity. Minister of Finance Purbaya Yudhi Sadewa assessed that this step could encourage credit to grow by 14-15 percent this year.

Purbaya said that the placement of funds was carried out because banking liquidity began to tighten. If left unchecked, credit expansion to the business world could slow down.

"So there will be enough liquidity in our banking sector. Interest rates in the market should fall. The economy is ready to run again," said Purbaya in a media briefing in Jakarta, Friday (26/6).

According to Purbaya, the policy is a presidential directive to remove obstacles to economic growth immediately. Additional liquidity is expected to make banks dare to channel credit to the real sector.

"Mr. President wants the economy to continue, all disruptions are eliminated. People tend to invest in a country whose economy will run," he said.

Purbaya said the government wanted the market mechanism to work again. With looser funds, banks have room to carry out credit expansion plans that were previously held back.

"So I forced the market mechanism to run," he said.

Based on communication with banks, Purbaya said that the growth of risky credit would fall to the range of 6-8 percent if there was no additional liquidity. However, after the government funds were redeployed, credit is believed to be able to grow by double digits.

"They said that if they were not helped, credit would fall to 8 percent, 7 percent, 6 percent. When we turn it back on, the credit plan that has been held will be carried out again. It must grow double digits, maybe 13-14 percent," he said.

Purbaya is more optimistic if the liquidity arrangement goes according to the government's design. He estimates that national credit could grow 14-15 percent this year.

"If the money is regulated enough as we have designed, the credit growth this year is my guess can be 14-15 percent," he said.

He ensured that the placement of the funds would not disrupt fiscal health. The 2026 state budget deficit, said Purbaya, remains safe and will not exceed the 3 percent limit.

"What is clear is that the fiscal condition is safe. The deficit will not be more than 3 percent, almost certainly. We can control it well," said Purbaya.