BATAM NEWS TODAY
Indonesia's Foreign Debt Up To 8.8 Percent, Becoming of IDR 5,569 Trillion
Indonesia's foreign debt grew 8.8 percent (yoy), slowing compared to the previous month's growth of 10.9 percent (year over year).
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In addition, Indonesia's Foreign Debt structure remains dominated by long-term Foreign Debt with a share of 88.1 percent of total Foreign Debt.
"In order to maintain the structure of Foreign Debt to remain healthy, Bank Indonesia and the government continue to improve coordination in monitoring the development of Foreign Debt, supported by the application of the principle of prudence in its management. The role of Foreign Debt will also continue to be optimized in supporting development funding, with minimize risks that can affect economic stability, "explained BI. (*)
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