Indonesia’s foreign debt rises 10 percent on high govt borrowing
Indonesia’s external debt level was up about 10 percent year-on-year (yoy) in the second quarter due to a significant increase in government net borrowing. According to data released by Bank Indonesia on Thursday, the country’s foreign debt, which includes borrowing by the government and the private sector, rose 10.1 percent yoy to US$391.8 billion in […]
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