Rancak Media JAKARTA – Bank Indonesia (BI), as the nation’s central bank, has been entrusted with a significant new mandate: to bolster the real sector through a series of strategic policies. This marks an expansion of its traditional roles, emphasizing direct support for key economic engines.
This reinforced responsibility stems from the draft Law on Financial Sector Development and Strengthening (UU P2SK). This crucial legislative framework specifically empowers Bank Indonesia to meticulously craft a comprehensive policy mix designed to cultivate an economic environment highly conducive to robust real sector growth and, crucially, significant job creation.
Article 7 of the UU P2SK explicitly outlines BI’s core duties, which include safeguarding rupiah stability, ensuring the smooth functioning of payment systems, and maintaining overall financial stability. These fundamental responsibilities are all geared towards underpinning sustainable economic growth across the archipelago.
To effectively achieve these overarching objectives, BI is tasked with strategically formulating a cohesive policy mix. The primary aim of this diverse set of measures is to foster an economic climate that not only stimulates the vigorous expansion of the real sector but also actively promotes the generation of new employment opportunities for the populace.
Delving deeper, the proposed regulation underscores the critical importance of synergy. It stipulates that the monetary authority, BI, must actively collaborate with the government’s fiscal policies and real sector initiatives. This collaborative approach is designed to collectively drive an economic environment that is inherently favorable for sustained economic growth and the continuous creation of jobs.
This synergy is intended to manifest through several key avenues, including the establishment of a robust investment climate, accelerating digitalization, enhancing export competitiveness, boosting real sector productivity, empowering community economies, and fostering both inclusive and green economic development. This comprehensive vision is articulated in the explanation of Article 7 paragraph (2) of the draft UU P2SK, as quoted on Thursday (December 4, 2025).
In response to the contents of this draft law, Josua Pardede, Chief Economist at Bank Permata, offered his expert perspective. He noted that, in essence, many of the mandates outlined in the draft have already been actively pursued by the monetary authority.
However, Pardede emphasized that the formal codification of these responsibilities within the UU P2SK significantly strengthens BI’s institutional position. This legal endorsement empowers the central bank to formulate even more impactful policies that can effectively accelerate national economic growth. Furthermore, it ensures a vital alignment between the policies crafted by the government and those implemented by Bank Indonesia, fostering a more cohesive national economic strategy.
“I firmly believe that this newfound alignment will be met with a positive response from investors,” Josua stated during the Permata Institute for Economic Research (PIER) Economic Outlook 2026 media briefing in Central Jakarta on Thursday (December 4, 2025). He concluded, “The hope is that it will also reflect the solidity of our policy communication, providing greater clarity and confidence to the market.”
Summary
Bank Indonesia (BI) telah menerima mandat baru yang signifikan melalui draf Undang-Undang Pengembangan dan Penguatan Sektor Keuangan (UU P2SK) untuk memperkuat sektor riil. Peran tambahan ini, di samping tugas intinya menjaga stabilitas rupiah dan sistem keuangan, bertujuan menciptakan lingkungan ekonomi yang kondusif untuk pertumbuhan sektor riil yang kuat dan penciptaan lapangan kerja. BI akan merumuskan bauran kebijakan komprehensif untuk mencapai tujuan-tujuan ini.
Regulasi baru ini menekankan sinergi krusial antara otoritas moneter BI dengan kebijakan fiskal dan inisiatif sektor riil pemerintah, mencakup area seperti iklim investasi, digitalisasi, dan daya saing ekspor. Menurut ekonom Josua Pardede, kodifikasi formal ini memperkuat posisi institusional BI dan memastikan keselarasan kebijakan yang lebih baik. Koordinasi yang meningkat ini diharapkan mendapat respons positif dari investor serta meningkatkan komunikasi kebijakan nasional dan kepercayaan pasar.
