Bank Indonesia Prepares 12 Strategic Programs For 2026

Illustration. (Photo: Doc. Antara)

JAKARTA - Bank Indonesia (BI) revealed that it will carry out 12 strategic programs in 2026.

This is in line with BI's policy direction in strengthening the grouping of strategic programs in the institutional field as well as achieving the vision and mission of institutions.

BI Governor Perry Warjiyo explained, in the preparation of the 2026 Bank Indonesia Annual Budget Plan (RATBI), the total expenditure was planned at IDR 167.69 trillion, while total revenues were projected to reach IDR 188.45 trillion.

"The budget is guided by the work program to achieve main performance indicators and also based on 12 strategic programs," he said during a working meeting with Commission XI of the DPR, Wednesday, November 12.

Here are 12 strategic programs that will start running next year:

1. Establish and implement monetary policy and BI policy mix in a sustainable, consistent and transparent manner to maintain the stability of the rupiah exchange rate while supporting economic growth.

2. Strengthening the synergy between BI policies, fiscal policies, and the government's real sector policies to encourage sustainable economic growth.

3. Establish and implement macroprudential policies and supervision to maintain financial system stability and support economic growth.

4. Strengthening coordination of macroprudential policies and supervision with KSSK and related authorities to maintain financial system stability.

5. Regulate and maintain the smoothness of the payment system and protect consumers to support the stability of the payment system and economic growth.

6. Strengthening policy synergy, supervision, and consumer protection between BI, the government, KSSK, and related authorities for the sake of accelerating the digital economy and finance.

7. Regulate, supervise, and develop a money market and foreign exchange to support the effectiveness of BI policies and strengthen synergies with relevant authorities in the development of financial markets and economic financing.

8. Formulate an inclusive and green economy-financial development policy, both conventional and sharia, while strengthening coordination to encourage sustainable economic growth.

9. Formulate policies and carry out international cooperation with central banks, organizations, and international institutions to increase the effectiveness of BI policies and fight for national interests.

10. Develop and implement the institutional policy mix, including organizational support, human resources, and finance, in order to strengthen BI's performance effectively and professionally.

11. Strengthen institutional governance through the preparation of legal basis, risk management, internal audit, and communication, according to the mandate of the P2SK Law.

12. Planning, developing, and managing physical assets as well as an integrated information system to support the efficient, professional, and sustainable BI institutional performance.

Perry added that the strengthening of strategic programs 10, 11, and 12 was carried out related to the implementation of the P2SK Law (UU).

"There is some strengthening due to the P2SK law so that for the strategic program 10, 11, 12 we will strengthen it," he said.

He explained that program number 10 focuses on institutional policies that include organization, human resources, and finance. While program number 11 focuses on governance, legal basis, risk management, and internal audit, in accordance with the mandate of the P2SK Law. While program number 12 focuses on managing physical assets and information systems that will have an impact on the Annual Development Plan (RPJT).