Friday, April 18, 2014

Indonesian Foreign Debt Back Up

Bank Indonesia ( BI ) reporting foreign debt ( ULN ) Indonesia in February 2014 amounted to 272.1 billion U.S. dollars , growing 7.4 percent compared to the same month in 2013 .

" Debt Position in February 2014 consisted of public sector external debt amounted to 129.0 billion U.S. dollars and private sector external debt 143.1 billion U.S. dollars . With this development , the growth of external debt in February 2014 recorded a slight increase when compared with growth of 7 January 2014 , 2 percent ( yoy ) , "writes BI in a statement on Friday ( 04/18/2014 ) .

Increased growth of external debt in February 2014 mainly affected the increase in public sector external debt position ( debt governments and central banks ) . As for slowing the growth of the private sector external debt .

Public sector external debt grew by 3.2 percent ( yoy ) , higher than the previous month's growth of 1.9 percent ( yoy ) . Meanwhile, private sector external debt grew 11.6 per cent ( yoy ) , down from the previous month's growth of 12.5 per cent ( yoy ) .
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" Bank Indonesia views the developments ULN until February 2014 is still healthy enough to support the resilience of the external sector . Going forward , Bank Indonesia continues to monitor the development of Indonesian external debt , private external debt in particular , so as to optimally support the resilience and sustainability of the Indonesian economy , " writes BI .

source:http://www.kompas.com/

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