Thailand
Indonesian foreign debt climbs, long-term debt dominates
Indonesian foreign debt climbs, long-term debt dominates
MONDAY, 20 JUNE 2016 – Indonesia’s foreign debt has climbed by 6.3 percent year-on-year (yoy) in April 2016 to US$319 billion, as public-sector debt soared, while private debt declined. Most of the increase came from long-term obligations.
Bank Indonesia (BI) reported that long-term external debt grew by 8.3 percent yoy to $279 billion and now accounted for 87.6 percent of total external debt. Short-term external debt, meanwhile, declined by 5.5 percent yoy to $39.7 billion.