BI: Lebaran Cash Needs Rp188, 2 Trillion

INDUSTRY.co.id - Jakarta - Bank Indonesia Deputy Governor Rosmaya Hadi estimates that cash needs during Ramadhan and Idul Fitri 2018 period will reach Rp188.2 trillion nationally.

Met in Monas, Jakarta, Wednesday (05/23/2018), he explained the estimated demand for cash (outflow) in 2018 was increased 15.3 percent compared to the period 2017 (Rp163, 2 trillion).

"The period of Ramadan and Eid is always accompanied by an increase in cash needs in the community," said Rosmaya.

Bank Indonesia also noted that from the cash requirement of Rp188.2 trillion, approximately 22.8 percent were withdrawn in the areas of Jakarta, Bogor, Depok, Tangerang and Bekasi (Jabodetabek).

While in non-Jabodetabek Java reached 38.4 percent, Sumatra 19.9 percent, and other areas 18.9 percent.

Rosmaya stated that BI is committed to distributing cash throughout Indonesia to meet the total needs through 46 representative offices simultaneously conducting money exchange service activities to the public.

In addition, BI also conducts distribution activities such as cash deposits and cash around. Across Indonesia there are 1,000 dots or locations that serve the distribution activities.

"BI is also the distribution of money to 3T (outermost, outpost, remote), even to reach the remote part of the kecamatan," he said.

Rosmaya also appealed to the banks to ensure the condition of ATMs and services to the public during Lebaran holidays is not reduced.

BI will continue to coordinate with payment system participants to ensure optimum payment system activities.

With anticipative steps undertaken, BI hopes economic activities of society during Ramadhan and Idul Fitri 2018 can run smoothly, safely and comfortably.