Jakarta, Sept. 14 -- In the midst of growth that has yet to meet expectations, Finance Minister Purbaya Yudhi Sadewa has opened the cash liquidity spigot.

It is a policy that needs support from the demand's side so the funds do not simply sit in bank balance sheets, but instead trigger a domino effect in the economy.

Replacing Sri Mulyani Indrawati, often regarded as the guardian of Indonesia's fiscal credibility across three administrations, Sadewa has begun shaping a new fiscal direction.

On his second day in office, he described his approach as having a "cowboy" style.

He is adopting a financial intermediation strategy by mobilizing idle government cash reserves held at Bank Indonesia (BI) and transferring them to state-owned banks...