Indonesia to Keep Policy of Cash Placement at State Banks Until July, Official Says
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6 Articles
Indonesia to keep policy of cash placement at state banks until July, official says
Indonesia's finance ministry will maintain its policy to keep 200 trillion rupiah ($11.27 billion) of the government's reserve fund at state-owned commercial banks until July 2027, a deputy finance minister said on Friday.
REPUBLIKA.CO.ID, JAKARTA -- The Ministry of Finance (Kemenkeu) stated that the placement of the Surplus Budget Balance (SAL) in banks will be maintained. Of the current placement of Rp 299 trillion, Rp 200...
The Ministry of Finance stated that the SAL policy will continue until July 2027.
JPNN.com, JAKARTA - Deputy Minister of Finance (Wamenkeu) Juda Agung spoke about the continuation of the placement of the Surplus Budget Balance (SAL) in Himbara.
The SAL funds currently placed by the government in Himbara reach IDR 300 trillion.
The placement of these funds is temporary and can be withdrawn at any time when the government requires liquidity to finance state spending.
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