Illustrative image (Source: Internet) Jakarta (VNA) - Indonesia`s foreign debts rose 7 percent year-on-year to 372.9billion USD in early December, according to Bank Indonesia (BI).
Of the figure, the government and the BI’s debtswere worth 183.5 billion USD while debts of private and state companies stoodat 189.3 billion USD.
However, theBI believed that the structure of the country`s foreign debts remains healthy,with the ratio of foreign debts to the national GDP remaining at 34 percent,which is still better than the average ratio of peers.
In addition,84.8 percent of the country`s foreign debts is long-term, including 180.5billion USD in government debts.
As of earlyDecember 2018, the Indonesian government’s foreign debts increased by 5.1billion USD from October due to the inflow of foreign capital to the domestictreasury notes market in November.
The privatesector`s foreign debts in November 2018 rose by over 10 percent to 7.1 billionUSD compared to October 2018.
In anothermove, the Central Bureau of Statistics of Indonesia said the country’s imports fellby 9.6 percent month-on-month in December 2018 to 15.28 billion USD. Comparedto the same period 2019, it rose by 1.16 percent.
Its major imports include non-petrol goods worth 13.31billion USD and petrol valued at 1.97 billion USD.-VNA
Of the figure, the government and the BI’s debtswere worth 183.5 billion USD while debts of private and state companies stoodat 189.3 billion USD.
However, theBI believed that the structure of the country`s foreign debts remains healthy,with the ratio of foreign debts to the national GDP remaining at 34 percent,which is still better than the average ratio of peers.
In addition,84.8 percent of the country`s foreign debts is long-term, including 180.5billion USD in government debts.
As of earlyDecember 2018, the Indonesian government’s foreign debts increased by 5.1billion USD from October due to the inflow of foreign capital to the domestictreasury notes market in November.
The privatesector`s foreign debts in November 2018 rose by over 10 percent to 7.1 billionUSD compared to October 2018.
In anothermove, the Central Bureau of Statistics of Indonesia said the country’s imports fellby 9.6 percent month-on-month in December 2018 to 15.28 billion USD. Comparedto the same period 2019, it rose by 1.16 percent.
Its major imports include non-petrol goods worth 13.31billion USD and petrol valued at 1.97 billion USD.-VNA
VNA
