Finance Minister Purbaya Praises Himbara for Fast-Tracking IDR 200 Trillion Fund Disbursement

Jakarta: Finance Minister Purbaya Yudhi Sadewa stated that the disbursement of IDR 200 trillion in government funds to the State-Owned Banks Association (Himbara) is proceeding quickly. Purbaya revealed that the banks are expediting the disbursement of these funds.

"(The disbursement) is good. The banks are expediting. I think some have requested additional funds so they can disburse them," Purbaya said, as reported by Antara in Jakarta, Monday, October 13, 2025.

According to Purbaya, the allocation of the Surplus Budget Balance (SAL) in the State Budget (APBN) benefits banks, as banks can disburse large amounts of credit with relatively little capital.

He also stated that this initiative does not affect fiscal policy, especially within the APBN structure, because its implementation is for cash management.

Ensure There Were No Procedural Violations

The state treasurer also admitted to consulting to ensure there were no violations of regulations or procedures before implementing his policy.

"Before I transferred him, I checked with my legal firm here. The Director General of Treasury, yes. It's fine," he said. "So I don't think there's a problem, because the goal is simply to stimulate economic activity," Purbaya said.

Previously, the Financial Services Authority (OJK) stated that the use of government funds, or the Surplus Budget Balance (SAL), worth IDR 200 trillion placed with Himbara and BSI has been gradually disbursed as credit.

OJK Chief Executive for Banking Supervision, Dian Ediana Rae, did not detail the sectors receiving credit from the government funds, but stated that the disbursement has been quite significant.

Regarding the business strategy and projections of Himbara plus BSI, Dian assessed that the five government-partnered banks could optimally manage the allocation of IDR200 trillion. These funds are channeled to sectors with current growth potential, with credit disbursement aligned with each bank's risk appetite and expertise.

Dian added that the OJK appreciates the government's various stimulus measures, both on the demand and supply side, to encourage sustainable national economic growth.