Making it rain on banks | September 11, 2025

Gov't out to boost lending

Author

Andra Nasrie
September 11, 2025

Hello reader,

New Finance Minister Purbaya Yudhi Sadewa appears to be uneasy about idle funds. That’s why his first major move is moving IDR 200 trillion to private banks in order to spur lending and stimulate the economy.

More on that below. Plus, there’s an update on the flooding tragedy in Bali, Prabowo doesn’t seem to be in a rush to fill out his cabinet, and a grim discovery in North Sumatra.

Cheers,

Andra

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