Placement of 200 Trillion Rupiah in Himbara Builds Outlook

Finance Minister Purbaya Yudhi Sadewa told participants at the 100 Indonesian Economists Forum in Jakarta on 29 October 2025 that the government will place 200 trillion rupiah with the State-Owned Banks Group (Himbara). The allocation is intended to increase liquidity and support the real sector.

Himbara is a group of state‑owned banks that will receive the funds under strict conditions, including a ban on using the money to buy dollars and limits on concentration to large conglomerates. The banks are tasked with channeling the funds to productive sectors in a targeted manner.

Following the announcement, the Jakarta Stock Exchange Composite Index (IHSG) rose, reflecting positive market expectations. The policy is expected to foster competition among banks, lower loan interest rates, and encourage consumer spending and investment.