Finance Minister Questions Rp286 Trillion in Government Funds Parked in Fixed Deposits

7 months ago 7

October 16, 2025 | 10:52 pm

TEMPO.CO, Jakarta - Indonesian Finance Minister Purbaya Yudhi Sadewa has raised questions astir the ample sum of authorities funds piling up successful fixed slope deposits. According to his records, the cardinal and determination authorities funds successful the signifier of fixed deposits were astatine Rp204.1 trillion and Rp204.2 trillion successful December 2023 and December 2024, respectively. However, the worth of fixed deposits surged to Rp286.5 trillion successful August 2025.

"We are inactive investigating the quality of this money. When I asked my staff, they claimed not to know, but I americium definite they do," Purbaya said to the media aft attending the One Year of Prabowo-Gibran Administration lawsuit astatine Hotel JS Luwansa, Jakarta, connected Thursday, October 16, 2025. Purbaya stated that helium volition further analyse whether the funds are from government-related institutions oregon from different sources.

The erstwhile Chair of the Board of Commissioners of the Deposit Insurance Corporation (LPS) mentioned that the piled-up fixed deposits are dispersed crossed commercialized banks. Purbaya suspects that involvement rates are being manipulated.

According to Purbaya, the magnitude of Rp286.5 trillion is excessively ample to beryllium placed arsenic a deposit. He explained that the returns from placing deposits successful banks are little compared to the involvement that the authorities has to wage for issuing bonds. "So, I uncertainty placing it there. I volition double-check later," helium said.

As of August 2025, the full magnitude of authorities deposits successful banks was Rp653.4 trillion. This consisted of Rp285.6 trillion successful fixed deposits, Rp357.4 trillion successful existent accounts, and Rp10.4 trillion successful savings accounts. The cardinal government's slope deposits full Rp399 trillion, portion the determination government's full Rp254.3 trillion.

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