Officials in Indonesia have clarified that funds from the state budget (APBN) are being used to cover the cost of opening bank accounts for the public, including the initial balance of Rp 50,000 placed in each new account. The clarification was made by Purbaya, a senior official, in response to questions about the funding source, according to detikFinance.
The program involves a mass account-opening initiative requested by President Prabowo, which is being carried out by state lenders Bank Rakyat Indonesia (BRI) and Bank Syariah Indonesia (BSI). Reports from detikFinance and CNBC Indonesia indicate that the total allocation from the state budget for this effort is Rp 11 trillion.
Under the scheme, Indonesian citizens aged 17 and above are eligible to receive a new bank account pre-loaded with Rp 50,000. The financing for these initial balances comes directly from the national budget, a point that Purbaya addressed publicly to explain how the program is funded. Rosan, another official, has also spoken about the budgetary source for the account balances, as reported by CNN Indonesia.
