Purbaya denies banks' call to extend liquidity injection - Regulations - The Jakarta Post

Regulations

The finance minister has rejected state-owned banks' call to extend the liquidity injection scheme, citing a need for flexibility while noting that the central bank would step in if necessary to maintain a stable money supply.

Finance Minister Purbaya Yudhi Sadewa looks on during an interview with Reuters in Jakarta on March 3, 2026. (Reuters/Willy Kurniawan)

Finance Minister Purbaya Yudhi Sadewa has turned down a call by state-owned banks to extend the maturity period of the government’s fund placement scheme to one year, noting the need for fiscal flexibility and that the current scheme had helped banks maintain ample liquidity.He also expressed concern that extending the scheme could disrupt the government’s readiness to prepare emergency funds.

“So, there is Rp 200 trillion [US$11.06 billion] that [will remain in place] until the end of the year,” the minister told reporters on Tuesday at the Senayan Legislative Complex in Central Jakarta, as quoted by Antara.