Jakarta – The government has reaffirmed its commitment to strengthening regional development through a policy of placing funds in Regional Development Banks (BPD). This policy is expected to be an effective instrument to accelerate economic equality and increase local financing capacity. Finance Minister Purbaya Yudhi Sadewa called this policy a strategic step to strengthen the intermediary function of regional banks.
“Placing government funds in BPD will accelerate the realization of priority projects and increase regional economic competitiveness,” he said.
Purbaya added that the policy was implemented based on the principles of transparency and accountability, ensuring that every fund placed has a real impact on the community. He emphasized that coordination across ministries and institutions will ensure the policy’s effectiveness.
“We want public funds to work faster for the people, not just remain stored at the central government level,” he said.
Support also came from Home Affairs Minister Muhammad Tito Karnavian, who assessed the role of BPDs as crucial in strengthening regional fiscal independence. He emphasized that strong liquidity in BPDs will accelerate the implementation of regional government programs, particularly in the areas of public services and basic infrastructure.
“BPDs must be driving forces for development, not merely passive financial institutions,” he said.
Tito explained that the allocation of government funds must be synergized with regional development programs to ensure measurable results. According to him, collaboration between the central government, regional governments, and banks is key to success.
“With proper oversight, this policy can become a cornerstone for strengthening the regional economy in a sustainable manner,” he said.
Meanwhile, Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that this policy aligns with President Prabowo Subianto’s vision to build a national economy from the regions. He believes the policy is not only about liquidity, but also about economic justice.
“The President wants every fiscal policy to directly benefit people in all regions,” he said.
Airlangga added that the government will oversee this policy to ensure it aligns with the agenda of accelerating investment and job creation. He believes that strengthening regional banking will be an important foundation for long-term economic growth.
“With proper management, this policy will strengthen the resilience of the national economy from its closest roots, namely the regions,” he concluded.