Indonesia’s Foreign Debt Grew 6.3% y/y to $319 Billion in April 2016

  • Jun 23, 2016

Indonesia’s Foreign Debt Grew 6.3% y/y to $319 Billion in April 2016

TUESDAY, 21 JUNE 2016 – The central bank of Indonesia stated that Indonesia’s foreign debt grew 6.3 percent (y/y) to USD $319.0 billion in April 2016. Foreign debt of Southeast Asia’s largest economy in April consists of private sector external debt (USD $165.2 billion) and public sector external debt (USD $153.8 billion). Indonesia’s private sector foreign debt continued to ease as local companies have been more careful in taking up new foreign debt due to the weakening rupiah in 2013-2015. In April, private sector external debt fell 1.1 percent (y/y).

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