Michelle Natalia
IDXChannel - The position of external debt in Indonesia decreased in April 2023 compared with the conditions one month earlier.
At the end of April 2023, the position of external debt in Indonesia stood at USD403.1 billion, down from USD403.3 billion in March 2023.
"Annually, therefore, the external debt position in Indonesia experienced a 1.3% (yoy) contraction to maintain the 1.8% (yoy) contraction recorded the month earlier. The decrease stemmed from a lower private external debt position," Bank Indonesia (BI) Communication Department Executive Director Erwin Haryono said in a release on Thursday (15/6/2023).
Government external debt remained manageable. At the end of April 2023, government external debt was recorded at USD194.1 billion, relatively stable compared with USD194.0 billion in the previous period.
Annually, government external debt grew 1.8% (yoy) in April 2023 after contracting 1.1% (yoy) the month earlier.
