JAKARTA (Yosefardi) – Bank Indonesia, the central bank, reported the government’s foreign debt reached US$292 billion as of September 2014, up 2.1% from US$286 billion by end of second quarter of this year.
The foreign loan consists of public sector’s loan of US$132 billion (45% of total loan) and private sector’s loan of US$159 billion (54.5% of total loan).
The ratio of foreign debt to gross domestic product (GDP) increased to 35% from 34% in the second quarter of this year.
Compared to the same period of 2013, the government’s foreign debt rose 11.2% from US$262 billion.