Foreign Debt Rises, Ratio Remains Under Control

Bank Indonesia (BI) said foreign debt (ULN) in the first quarter of 2018 remained under control with a healthy structure. This can be seen from the ratio of Indonesia’s foreign debt to Gross Domestic Product (GDP), which was stable in the range of 34 percent.

“The ratio is still better than the peers’ average,” BI said. The foreign debt at the end of the first quarter of 2018 was US$ 358.7 billion, growing 8.7 percent year-on-year (YoY). Its growth was slowed compared to 10.4 percent YoY in the same period last year.

Want to read the full article?

Free Trial Subscribe

Log In

Forgot Password
Do not have an account yet Sign Up

Enter your e-mail address and we will send a link to reset your password

Back to Login
Do not have an account yet Sign Up