Istana denies Purbaya, Perry removal rumor as rupiah hits Rp18.000
The government also denied a cabinet reshuffle and pushed closer coordination among BI, Kemenkeu, OJK and DPR.
The government also denied a cabinet reshuffle and pushed closer coordination among BI, Kemenkeu, OJK and DPR.
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 dispute now also covers hotel bills for the delegation in France and which budget paid for the trip.
The denial comes as the rupiah crossed Rp18.000 per U.S. dollar, while the 2026 state budget still assumes Rp16.500.
The government is preparing closer fiscal-monetary coordination to attract inflows and preserve banking liquidity.
The government is targeting a June 2026 launch, with coupons seen as cheaper than U.S. dollar-denominated debt.
In Q2, foreign inflows reached Rp60.9 trillion, led by Rp99.9 trillion in SRBI, even as stocks saw outflows.