Menkeu Purbaya Drops AL/DPK Ratio, Adopts Base Money for Monetary Policy
Menyoroti perkembangan startup, bisnis lokal, dan ekonomi digital di Indonesia.
- Ringkasan Singkat Indonesian Minister of Finance (Menkeu) Purbaya Yudhi Sadewa announces the use of base money or M0 to monitor liquidity conditions in the financial system.
- Purbaya explains that the ratio of liquid assets to third-party funds (AL/DPK) is no longer used to assess liquidity.
- Base money can provide insights into bank liquidity and credit conditions.
Ringkasan Singkat
- Indonesian Minister of Finance (Menkeu) Purbaya Yudhi Sadewa announces the use of base money or M0 to monitor liquidity conditions in the financial system.
- Purbaya explains that the ratio of liquid assets to third-party funds (AL/DPK) is no longer used to assess liquidity.
- Base money can provide insights into bank liquidity and credit conditions.
During a meeting with journalists at the DPR building on Wednesday (2/9/2026), Purbaya stated:
'AL/DPK is fine sometimes, but banks don't always know their numbers. I don't use that, I use another figure, which is base money,'
...
Purbaya further explains:
'Base money, M0, or primary money, has been sufficient to depict the liquidity condition in the entire financial system. As of the end of July 2026, base money has grown by 18.3%,'
...
The ministry will also continue to coordinate with the Monetary Authority, Bank Indonesia (BI), to improve liquidity conditions.
'With better coordination between the finance ministry and the central bank (BI), we can create a better liquidity environment for open banks,'
...
This coordination will lead to stronger growth in the private sector:
'What does that mean? The private sector (non-government sector) can grow more robustly compared to previous years,'
BERITA TERKAIT (Ekonomi & Pasar)
Respons Emiten Affiliates Salim & Sinar Mas: Nyalakan Lampu Kuning Pasca Pemanggilan Bos Sawit oleh Singapura
Layanan Digital MNC Bank Alami Gangguan, BEI dan OJK Pantau Ketat Penanganannya
IHSG Ditembus Support Krusial, Analis Proyeksi Koreksi Lanjut ke Level 4.763
