BI: Foreign Loan Shows Slowing Growth in February
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Kamis, 1 Januari 1970 07:00 WIB
TEMPO.CO, Jakarta - Bank Indonesia (BI) recorded Indonesia's foreign loan amounted to USD 321.7 billion as per February 2017. This reflects a year-on-year (yoy) growth of 2.7 percent, or slower than January's yoy growth of 3.6 percent.
"Based on the group of borrowers, the slowdown was influenced by the public sector's foreign loan decelerating growth, along with private's declining loan," BI Deputy Director for Communications, Andiwiana, said in a written statement received by Tempo, Tuesday, April 18.
The public sector's foreign debt in February 2017 amounted to US$162 billion, or up by 10.3 percent (yoy). The growth is slower compared to January 2017's 12.4 percent (yoy).
Read: Indonesia's Debt to GDP Ratio Lower than Other Countries Govt
Meanwhile, private sector's foreign debt in the same month reached US$159.7 billion, or down by 4.0 percent (yoy).
Long-term foreign loans still dominate Indonesia's overall foreign debt with US$278.1 billion, accounting for 86.4 percent of the total amount.
Meanwhile, short-term foreign loans amounted to US$43.6 billion, of which the private sector accounts for US$41.2 billion (94.4 percent).
GHOIDA RAHMAH
