Indonesia’s external debt decreased in July from the previous month, data from the Bank of Indonesia showed Friday.
The country’s external debt outstanding as of end-July totaled $303.7 billion, which was less than June’s $304.4 billion.
Total offshore loans grew 3.7 percent year-over-year in July, which was much slower than the 6.3 percent increase in June.
The central bank said the government’s external debt totaled $134.5 billion in July, 94 percent of total external borrowings. Private sector external debt reached $169.2 billion.
The material has been provided by InstaForex Company – www.instaforex.com