DPR, BI and Kemenkeu align policy to steady rupiah
BI and Kemenkeu also agreed to boost yield appeal and government cash remuneration at BI to support liquidity.
Antara News, Republika +1
BI and Kemenkeu also agreed to boost yield appeal and government cash remuneration at BI to support liquidity.
The surge in central government spending was driven by MBG, social aid, THR, subsidies, pensions and the hiring of 355,000 new ASN.
The denial comes as the rupiah crossed Rp18.000 per U.S. dollar, while the 2026 state budget still assumes Rp16.500.
The rupiah settled at Rp18.049 per U.S. dollar as markets tracked the APBN deficit and talk of an emergency BI meeting.