JAKARTA. Bank Indonesia (BI) reports that Indonesia’s foreign debt reached US$ 333.60 billion, growing 5.5% year on year (yoy), in May, sparked by an increase in public-sector debt. According to the central bank, the public-sector debt grew by 11.8% yoy to $168.40 billion in May, 50.5% of the total foreign debt, compared to 9.2% yoy growth in April. Meanwhile, private-sector debt reached $165.20 billion, 49.5% yoy of the total foreign debt, down by 0.1% yoy, compared to 3.2% yoy growth in the previous month.
Indonesian foreign debt grows 5.5% in May: BI
JAKARTA. Bank Indonesia (BI) reports that Indonesia’s foreign debt reached US$ 333.60 billion, growing 5.5% year on year (yoy), in May, sparked by an increase in public-sector debt. According to the central bank, the public-sector debt grew by 11.8% yoy to $168.40 billion in May, 50.5% of the total foreign debt, compared to 9.2% yoy growth in April. Meanwhile, private-sector debt reached $165.20 billion, 49.5% yoy of the total foreign debt, down by 0.1% yoy, compared to 3.2% yoy growth in the previous month.