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foreign-debt

Business 9 years ago

Indonesian oil, gas firms rely on foreign loans for exploration

The low oil price has had a double impact on the oil and gas industry, with industry contractors (K3S) now relying on foreign loans to finance oil exploration as domestic bank loans become increasingly inaccessible amid gloomy market conditions.

Editorial 9 years ago

Warning about our debt trap

We should magnanimously take Finance Minister Sri Mulyani Indrawati’s warning about the risk of the government falling into a deeper debt trap as a timely urgent call for tightly prudent debt management and more concerted austerity measures on the part of the public sector.

Opinion 9 years ago

Why Jokowi-Kalla cannot meet debt promise

The ratio of the government debt to gross domestic product (GDP) meanwhile rose from 14 percent to 17 percent. What are the reasons behind this increase in government foreign debt?

Business 9 years ago

Indonesian foreign debt climbs, long-term debt dominates

Indonesia’s foreign debt has climbed by 6.3 percent year-on-year (yoy) in April 2016 to US$319 billion, as public-sector debt soared, while private debt declined. Most of the increase came from long-term obligations.

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