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View all search resultsComments: BOP swings into deficit on capital outflow
May 16, p1 Indonesia posted a staggering US$6
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M
ay 16, p1
Indonesia posted a staggering US$6.6 billion deficit in its balance of payments (BOP) in the first quarter this year on the back of low global demand and a surge in capital outflow, Bank Indonesia (BI) said on Wednesday.
Your comments:
I think it's good to read such news that Indonesia is reminded how the nation relies on debt, the surplus gained is also by issuing bonds (meaning debt).
Hope we can have a surplus from our productivity such as exports, not by issuing bonds. To produce goods ourselves for consumption (thus less imports) also contributes to the budget surplus.
Harry Cahyadi Hartanto
