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Jakarta Post
The Jakarta Post
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Private sector warned over rising foreign borrowing

  • Hans David Tampubolon

    The Jakarta Post

Jakarta | Thu, September 20 2012 | 08:50 am

PREMIUM Finance Minister Agus Martowardojo has warned private companies to properly manage their foreign debts, which have increased substantially.

“The debt-service ratio of the private sector’s foreign debts has grown significantly large. The ratio has reached around 30 percent of export earnings,” Agus said as quoted by Antara during the Annual
Report Awards (ARA) event in Jakarta on T...