January 13, 2026 | 10:03 am
TEMPO.CO, Jakarta - A statement by Bank Indonesia Governor Perry Warjiyo during a working meeting with the House of Representatives’ Finance Commission in Jakarta on November 12, 2025, signaled the possibility of an additional transfer to the state. In the forum, Perry said the ratio of capital to Bank Indonesia’s monetary liabilities could exceed 10 percent by year’s end. Referring to Finance Minister Regulation No. 179/2022, such a condition would allow the central bank to remit its remaining surplus to the state treasury.
Bank Indonesia’s surplus is the excess of the central bank’s income over its expenses in a fiscal year. As of September 2025, Bank Indonesia recorded a surplus of Rp77.9 trillion (about US$4.6 billion), projected to stand at Rp68.7 trillion (US$4.1 billion) by the end of the year. Total central bank revenue amounted to Rp234.3 trillion (US$14 billion), while expenditures reached Rp165.7 trillion (US$9.9 billion). Policy-related spending contributed Rp35.2 trillion (US$2.1 billion) to the surplus, and operational spending Rp33.3 trillion (US$1.9 billion).
Amid these projections, the Finance Ministry revised the rules governing non-tax state revenue derived from Bank Indonesia’s surplus. On December 30, 2025, Finance Minister Purbaya Yudhi Sadewa signed Finance Minister Regulation No. 115/2025. The regulation amended earlier rules with the aim of providing greater flexibility in managing state revenue.
The new regulation inserted Article 22A, opening the possibility for the Finance Minister to request Bank Indonesia to transfer part of its remaining interim surplus before the fiscal year ended. Such a request could be made under two conditions: consideration of state revenue performance and/or urgent financing needs of the State Budget.
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