Rupiah Redenomination: Prabowo Intervenes, BI & BRIN Discuss Solutions?

 

The National Research and Innovation Agency (BRIN) is poised to offer its expertise on the re-emerging issue of rupiah redenomination. Arif Satria, Head of BRIN, confirmed his institution’s readiness to provide research-based policy recommendations to President Prabowo Subianto, should such a request be formally made.

Speaking at the Presidential Palace in Jakarta on Monday, November 24, 2025, prior to a meeting with President Prabowo, Arif Satria emphasized BRIN’s commitment. “Indeed. For all strategic issues that are a concern for the government, God willing, BRIN is ready to contribute in the form of policy recommendations on what the government should do,” Arif stated, underscoring the agency’s role in supporting national strategic policies.

Despite this proactive stance, Arif clarified that as of now, neither the government nor Bank Indonesia (BI) has formally requested BRIN’s study or opinion on rupiah redenomination. “Oh, not yet, not yet. Today we are initiating discussions with Mr. President,” he added, indicating the early stage of these high-level talks. His presence at the Palace coincided with several other senior officials, including BI Governor Perry Warjiyo, highlighting a convergence of key figures addressing national economic dynamics and strategic policy coordination.

Earlier that day, Bank Indonesia Governor Perry Warjiyo had also arrived at the Presidential Palace complex. According to observations by Bisnis, Perry reached the Palace at 1:18 PM WIB. His arrival was notably without immediate explanation regarding his agenda or the reason for being summoned by President Prabowo Subianto.

Dressed in a dark brown batik, Perry promptly entered the Palace grounds, offering only a brief response to media queries. When asked about the purpose of the meeting, he simply replied, “Thank you, good afternoon,” before proceeding to the meeting room. This gathering of top economic and research officials signals ongoing high-level deliberations on critical national issues, including potential economic reforms and the implications of rupiah redenomination.

Summary

The National Research and Innovation Agency (BRIN), led by Arif Satria, is prepared to offer research-based policy recommendations regarding rupiah redenomination to President Prabowo Subianto, should a formal request be made. As of November 24, 2025, BRIN had not yet received an official request from the government or Bank Indonesia (BI), but Arif was at the Presidential Palace to initiate discussions with the President.

Bank Indonesia Governor Perry Warjiyo also attended the Presidential Palace meeting without immediately disclosing his agenda. This gathering of top economic and research officials signals ongoing high-level deliberations on critical national issues, including potential economic reforms and the implications of rupiah redenomination.

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