NEWS ITEM TEXT

Indonesia’s Foreign Debt As of June 2017 Reached 335.3 Billion US Specific participant
Dollars External Debt
Adjectiv
JAKARTA – Bank Indonesia (BI) announced Indonesia’s Foreign Debt
(ULN) at the end of second quarter of 2017 recorded 335.3 billion US Healthy
Main Events dollars or grew by 2.9 percent. Past tense
On the other hand,
The ED growth was slower when compared to the same period in 2016 of
private sector
6.8 percent. Based on the group of borrowers, the growth of ED is
external debt was
influenced by the slow growth of public sector debt and the continued
recorded at 165.0
contraction of private sector external debt growth.
billion US dollars or
49.2 percent of total
At the end of the second quarter of 2017, public sector ULNs totaled 170.3
external debt, or
billion US dollars or 50.8 percent of total external debt or grew 7.3 percent,
decreased 1.4.
down from 10 percent in the preceding quarter.
Action verb
On the other hand, private sector external debt was recorded at 165.0 billion Manufacturing
US dollars or 49.2 percent of total external debt, or decreased 1.4. By the
time period, Indonesia’s ED position in Q2 / 2017 remained dominated by Adverb Time, Place
long-term external debt. Long-term external debt position at end-Q2 2017 Bank Indonesia (BI)
Elaboration was recorded at 290.0 billion US dollars, while short-term external debt announced Indonesia’s
position was 45.3 billion US dollars. Foreign Debt (ULN) at
the end of second
According to the economic sector, the position of private external debt at the quarter of 2017
end of second quarter 2017 is concentrated in the financial sector,
manufacturing, mining, and electricity, gas and water (LGA). “Bank
Indonesia sees the development of external debt in Q2 / 2017 remains
healthy and under control,” the official statement of Bank Indonesia,
Jakarta, Tuesday (8/15/2017).

This is reflected, among others, from the ratio of Indonesian GDP to gross
domestic product (GDP) at the end of second quarter 2017 recorded stable
Source in the range of 34.2 percent and even decreased when compared to second
quarter 2016 which amounted to 37.2 percent. “The ratio is also still better
than the peers, such as Malaysia and Turkey,” he wrote.

MUHAMMAD RISKY MAHENDRA (18510143)