BI-Rate Tetap 4,75%: Mempertahankan Stabilitas, Mendorong Pertumbuhan Ekonomi

Finance-focused summary (macro/monetary policy)

Key policy decisions (Bank Indonesia)

On April 21–22, 2026, the Board of Governors decided to maintain:

• PI (BI policy rate / BI-Rate): 4.75%
• Deposit Facility Rate: 3.75%
• Lending Facility Rate: 5.5%

The decision framework implies a stance of maintaining stability while still supporting conditions for economic growth.

Global macro context driving the decision

• War in the Middle East is worsening global economic conditions and outlook.
• 2026 global growth outlook revised down to 3.0% (from 3.1%).
• Global inflation outlook revised up to 4.2% (from 4.1%).

Implication: Less room for easing global monetary policy, which can affect:

• capital flows,
• exchange rate expectations, and
• funding conditions for emerging markets.

Indonesia outlook / growth estimate (2026)

Indonesia’s 2026 economic growth projection is in the range of 4.9% to 5.7%.

Coordination / transmission to the real economy and stability

Bank Indonesia emphasizes continued policy coordination with the government, specifically:

• Close synergy between monetary policy and fiscal policy to mitigate impacts of global uncertainty from the Middle East conflict.
• Goal: keep economic stability and growth “well maintained.”

It also highlights strengthening coordination with the Financial System Stability Committee (KSSK) to:

• maintain financial stability, and
• encourage financing for the “Asta Cita” program (as cited).

Methodology / framework mentioned

• No explicit step-by-step investment methodology (e.g., valuation, portfolio construction) was provided.
• Conceptual policy approach referenced:
  • Maintain BI rates while considering global inflation/growth risks
  • Use monetary–fiscal coordination and financial system coordination (KSSK) to support stability and financing

Tickers / assets / instruments mentioned

• None mentioned (no stocks, bonds, ETFs, commodities, or crypto referenced).

Key numbers and timelines extracted

• Date: April 21–22, 2026
• BI-Rate / PI: 4.75%
• Deposit facility: 3.75%
• Lending facility: 5.5%
• Global growth (2026): 3.0% (down from 3.1%)
• Global inflation (2026): 4.2% (up from 4.1%)
• Indonesia growth (2026): 4.9%–5.7%

Disclosures / disclaimers

• No “financial advice” disclaimer or similar disclosure appears in the provided subtitles.

Presenters / sources

• Bank Indonesia Board of Governors (meeting on April 21–22, 2026)
• Financial System Stability Committee (KSSK) (referenced as a coordination body)
• Government (referenced for monetary–fiscal synergy)
• “Asta Cita” program (referenced as a financing objective)