Deputy Minister Of Finance Thomas Present At RDG November 2025, BI Boss Disbursed The Results Of Discussion

Deputy Minister of Finance (Wamenkeu) Thomas Djiwandono. (Photo: ANTARA)

JAKARTA - Bank Indonesia (BI) opened its voice regarding the presence of Deputy Minister of Finance (Wamenkeu) Thomas Djiwandono at the BI Board of Governors Meeting (RDG) which took place on November 18-19 2025.

BI Governor Perry Warjiyo conveyed that the presence of representatives of the Ministry of Finance provided a lot of important information that strengthened fiscal and monetary coordination.

He added that the Government and BI are committed to maintaining macroeconomic stability and encouraging growth, especially in the midst of global uncertainty.

Perry said that there were several points from the discussion with the Deputy Minister of Finance Thomas, namely BI and the government, they needed to build positive expectations together.

"This expectation is very important and the expectations will be stronger with the synergy of BI's monetary policy and the government's stronger fiscal policy," he said at a press conference, Wednesday, November 19.

According to him, by building expectations, public trust is getting better so that the effectiveness of central bank monetary policy and government fiscal policy will be better.

He added that the government is providing updates on fiscal expansion designed to encourage growth in the real sector through increasing demand.

Perry explained, in the fourth quarter, fiscal expansion will increase, not only through ministry/institutional spending, but also through social assistance programs and the people's economy according to the government's agenda in Asta Cita.

"With this fiscal expansion, of course, synergy with monetary policy is getting better together to maintain stability in encouraging economic growth," he explained.

Perry added that the government also submitted a plan to issue Government Securities (SBN), both in the domestic and international markets.

According to him, this step is important to maintain macroeconomic stability, financial system stability, including exchange rate stability.

"This is very important to jointly maintain macroeconomic stability, financial system stability, including to maintain exchange rate stability. With this synergy with the plan to issue SBN at home and abroad, the synergy will be better with monetary operations by BI," he explained.

Previously, Perry said that based on Article 43 paragraph (1) letter a of the BI Law, RDG was held at least once a month to establish general policies in the monetary sector.

Meanwhile, the meeting was attended by one or more ministers representing the government with the right to speak but without voting rights.

"According to the BI Law above, the Board of Governors considers it necessary to invite the Minister of Finance to attend every monthly Board of Governors Meeting to strengthen the coordination of BI monetary policy and the government's fiscal policy which has been closely strengthened to maintain macroeconomic stability and jointly encourage sustainable economic growth," he said.

According to him, monetary and fiscal coordination is increasingly crucial given the uncertain global economic conditions.

He conveyed that this synergy is needed to maintain macroeconomic and financial system stability, as well as support growth through increasing domestic demand.

Perry added, in this regard, the Board of Governors of BI invited the Minister of Finance to attend the RDG in November 2025 through the official letter of the Governor of BI.

"In the event that the presence of the Minister of Finance is represented by the Deputy Minister of Finance, a power of attorney from the Minister of Finance is needed, based on these matters, today for the Meeting of the Board of Governors, the presence of the Minister of Finance is represented by the Deputy Minister of Finance, Mr. Thomas Djiwandono as Deputy Government based on the power of the Minister of Finance," he explained.