Withdraw Rp75 Trillion Government Funds from Banks, Purbaya Ensure It Does Not Affect Liquidity

Minister of Finance of the Republic of Indonesia, Purbaya Yudhi Sadewa. (Photo: Dok. Antara)

JAKARTA - Minister of Finance Purbaya Yudhi Sadewa said that he had withdrawn state funds worth Rp75 trillion from banks by the end of this year.

"Yes, it was withdrawn (from the banking sector of) Rp75 (trillion)," he said in a press conference, Wednesday, December 31.

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, Bank Tabungan Negara (BTN) received Rp. 25 trillion and Bank Syariah Indonesia (BSI) received Rp. 10 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 Rp. 1 trillion, so that the total placement of government funds in the banking sector reached Rp. 276 trillion.

Purbaya said that with the withdrawal, the remaining funds still held in the bank reached Rp. 201 trillion and the funds withdrawn will be used to finance various government expenditures.

"We withdraw but we spend again, so it goes into the system, but it's not directly in the form of my money in the bank, but the money goes into the system again. So I withdrew from the bank and spent it again, it's already in the system again," he explained.

He emphasized that even though the funds were withdrawn from the bank, government spending both at the central and regional levels would still encourage economic activity because the funds would return to the system.

"So the impact of it is still in the system, so it is not borrowed by the bank, but before it is borrowed, but I withdraw it again into the system in the form of government, regional, and central spending. So the impact on the economy may be more positive," he said.

Purbaya also emphasized that Bank Indonesia (BI) supports this step, so that liquidity in the banking sector is maintained and ensures that the public does not need to worry about economic slowdown.

"Then the last two weeks the central bank (BI) has supported our policy. This means that more money will be in the economic system. So you don't have to be afraid that our economy will slow down," he said.

Purbaya also said that the total government liquidity is still quite large, namely around Rp. 390 trillion and some are stored at Bank Indonesia and Perbankan.

"But here, our money is still more now there are still Rp. 390 trillion? At the end of this year, my money if it's not Rp. 360 trillion or Rp. 390 trillion? Rp. 390 trillion, Rp. 390 trillion out there, some of it at the Central Bank because it is ready for January's spending," he explained.

According to him, the liquidity condition of the banking system is now more stable than before, so there is no need for further major adjustments.

"So later if it is still more, we will return it again, but with assistance, with the synchronization of policies with the Central Bank, the banking sector is now quite liquid. I don't have to think about it anymore, think about it again, bigger, so it depends on the liquidity conditions of the system," he concluded.