Bank Indonesia, Govt Set Timeline for Fund Withdrawals in State Banks
Bank Indonesia and the government have agreed on a timeline for placing and withdrawing funds in state-owned banks.
TEMPO.CO, Jakarta - Bank Indonesia and the government have coordinated a set schedule for placing and withdrawing state funds in state-owned banks, according to Bank Indonesia Deputy Governor Destry Damayanti. Destry revealed this during a discussion at the 100 Indonesian Economists forum in Jakarta on September 3, 2026. The Deputy Governor explained that managing liquidity is a shared responsibility between Bank Indonesia and the government, emphasizing the importance of synergy in maintaining financial stability.
Bank Indonesia has prepared liquidity support through repurchase agreements and foreign exchange swaps, reaching a total value of approximately Rp920 trillion to Rp930 trillion. This liquidity is reintroduced into the financial system via instruments provided by Bank Indonesia. Destry reiterated that addressing liquidity challenges requires joint efforts from both Bank Indonesia and the government.
Written by urgent.news from Tempo.co English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
