BI Records Primary Money Growing to Rp2,254.5 Trillion in July 2026

Illustration. (Photo: Dok. Antara)

JAKARTA - Bank Indonesia (BI) recorded the position of Adjusted Primary Money (M0) in July 2026 grew 17.1 percent (yoy), higher than the growth in June 2026 of 13.8 percent (yoy) so that it was recorded at Rp2,254.5 trillion.

BI Communication Department Executive Director Ramdan Denny Prakoso explained that this development was influenced by the growth of general bank giro at Bank Indonesia adjusted by 17.1 percent (yoy) and the amount of money distributed by 15.1 percent (yoy).

"Based on the factors that affect it, the growth of Adjusted M0 has taken into account the impact of the provision of liquidity incentives (adjusted monetary control)," he said in an official statement, Friday, August 7.

Previously, BI noted that the liquidity of the economy or broad money (M2) grew positively in June 2026.

Denny said that M2's position in June 2026 was recorded at Rp10,432.8 trillion or grew by 8.7 percent (yoy), continuing the growth in May 2026 by 10.8 percent (yoy).

"This development is driven by the narrow growth of the money supply (M1) of 9.8 percent (yoy) and quasi-money of 6.9 percent (yoy)," he said in a statement, Thursday, July 23.

Denny conveyed the development of M2 in June 2026 was mainly influenced by the distribution of credit and net bills to the Central Government (Pempus).

The credit distribution grew by 12.1 percent (yoy), increasing compared to the growth of 10.8 percent (yoy) in May 2026

Meanwhile, net billings to Pempus grew by 10.1 percent (yoy), continuing the growth of 37.4 percent (yoy) in May 2026.

The credit provided is only in the form of Loans, and does not include financial instruments that are equated with loans, such as debt securities, banker's acceptances, and repo bills.

In addition, the credit granted does not include credit granted by the offices of General Banks located abroad, and credit disbursed to the Central Government and Non-Residents.