JAKARTA. Finance Minister Sri Mulyani has said there is no cause for concerning regarding government debt reaching Rp 3.67 quadrillion (US$274.23 billion) in April, Rp 201 trillion more than in December 2016. “We will always protect the Indonesian economy and manage debt carefully and transparently,” said Sri Mulyani as reported by tribunnews.com on Monday. She stressed that government debt was at a safe level as it was below 30 percent of gross domestic product (GDP). She added that the position was much better than that of Brazil, Mexico and Argentina.
Rp 3.67q government debt no cause for concern
JAKARTA. Finance Minister Sri Mulyani has said there is no cause for concerning regarding government debt reaching Rp 3.67 quadrillion (US$274.23 billion) in April, Rp 201 trillion more than in December 2016. “We will always protect the Indonesian economy and manage debt carefully and transparently,” said Sri Mulyani as reported by tribunnews.com on Monday. She stressed that government debt was at a safe level as it was below 30 percent of gross domestic product (GDP). She added that the position was much better than that of Brazil, Mexico and Argentina.