RRI.CO.ID, Jakarta - Bank Indonesia (BI) is strengthening its macroprudential liquidity incentives (KLM) to sustain credit momentum and support economic growth. The policy targets priority sectors to ensure financing continues to flow into areas vital for national expansion.

Governor of Bank Indonesia, Perry Warjiyo, said KLM reached IDR 427.9 trillion (approx. USD 24.74 billion) in the first week of April 2026. He explained that the incentives are distributed through lending and interest rate channels to accelerate policy transmission to the real sector.

“The allocation through the lending channel amounted to IDR 358 trillion, while that through the interest rate channel was IDR 69.9 trillion,” Perry said during the virtual announcement of the April 2026 Board of Governors’ Meeting results in Jakarta on Wednesday, April 22, as quoted by Antara.

By banking group, the largest allocation went to state-owned banks at IDR 224 trillion. National private commercial banks received IDR 166.6 trillion, regional development banks IDR 29.6 trillion, and foreign bank branches IDR 7.8 trillion.

Disbursements are focused on strategic sectors such as agriculture, industry, and downstream industries. The services sector, including the creative economy, construction, housing, and micro, small, and medium enterprises (MSMEs), is also a primary target.

Perry emphasized that the policy continues to be optimized to strengthen credit disbursement to priority sectors. “The implementation of KLM strengthening measures, effective December 16, 2025, is aimed at providing higher incentives to banks that channel credit to designated sectors as well as banks that are more responsive in lowering interest rates on new loans,” Perry said. ***