Indonesia's Foreign Debts Rise by 7.6%
18 June 2014 01:52 WIB
TEMPO.CO, Jakarta - Indonesia's foreign debts totaled US$276.6 billion in April 2014 or an increase of 7.6 percent from that a year earlier, stated a Bank Indonesia director, as reported by Antara News.
The debts included US$131 billion owed by the public sector and US$145.6 billion by the private sector, executive director of communications of the central bank, Tirta Segara, said.
The figures showed the growth year-on-year is lower April than 8.7 percent in March , Tirta said.
"The position of the foreign debts is still fairly healthy in sustaining external sector resilience," he said.
However, Bank Indonesia would continue to monitor developments of foreign debts especially the private sector debts to ensure that the debts would be effective in financing development without risk of disturbing macro economic stability, he said.
The slower growth of foreign debts in April compared with in March was attributable mainly to slowdown in the growth of the public sector debt, he said.
He said the public sector debts grew only 2.2 percent much lower than a growth of 5.1 percent in previous month year-on-year.
ANTARA | HERU
