Saturday, April 27, 2024 | 08:42 WIB

BI prepares Rp117T cash for Christmas, New Year

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Jakarta, IO – This is up by 5.8 percent compared to last year. Bank Indonesia (BI) deputy governor Aida Budiman said this is done to meet the increased need for Rupiah during the festive season, especially since the Covid-19 restrictions have been loosened and people’s mobility has almost returned to normal.

“This amount takes into account the increased mobility of the people and estimates of government spending and cash social assistance,” said Aida, reported CNN Indonesia, Friday (23/12).

The cash will be disbursed to all regional offices to provides retail mobile cash at 47 service points. BI will also ensure the readiness of banks and Rupiah money management service providers (PJPUR), including in tourist destinations.

Read: Wave of retrenchment to continue in 2023 – Apindo

“We will coordinate with banks and PJPUR to ensure the availability of money at ATM machines,” said Aida. (un)

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