##BersihkanBankmu
Purbaya defends Rp200 trillion fund placement in banks amid liquidity concerns
Minister of Finance Purbaya Yudhi Sadewa has dispelled doubts raised by various parties regarding the government’s decision to place Rp200 trillion (US$12.2 billion) of State funds in commercial banks in an effort to accelerate economic growth.
Concerns raised over government plan to shift US$13.2 B to Himbara for fossil fuel financing
A proposal by the government, led by Finance Minister Purbaya Yudhi Sadewa, to move Rp200 trillion (US$13.2 billion) from the state’s reserves held by the Indonesian Central Bank (BI) to the State-Owned Banks Association (Himbara) has sparked concern among economic experts and environmental advocates.
Indonesian banks disburse US$7.2 B for coal industry amid climate crisis: Report
Amid growing concerns over the escalating climate crisis, Indonesian banks have poured over US$7.2 billion to finance the coal sector between 2021 and 2024, a report has revealed.