Purbaya Reveals Placement of Rp 400 Trillion in Banking to Boost the Economy

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Purbaya Ungkap Taruh Rp 400 Triliun di Perbankan demi Genjot Ekonomi
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Finance Minister Purbaya Yudhi Sadewa stated that the government has allocated Rp400 trillion in funds to banks to stimulate economic growth. This policy was taken because state spending only contributes 7-10% to the national economy, while the private sector dominates 90%. The placement of these funds aims to increase bank liquidity so they can channel more credit and stimulate economic activity. This step is also expected to strengthen the transmission of monetary policy without interfering with the independence of Bank Indonesia. Going forward, the government will optimize state cash management as an important instrument in driving economic growth.

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