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The Jakarta Post
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government-debt

Indonesia’s budget deficit jumps to $54.1b in October as virus-related debt piles up
Business 1 week ago

PREMIUM
Indonesia’s budget deficit jumps to $54.1b in October as virus-related debt piles up

As vaccines may only become available in the second half of next year, the pandemic will continue to...
Indonesia sees 3.8% foreign debt growth in Q3, BI says debt-to-GDP still 'healthy'
Business 2 weeks ago

Indonesia sees 3.8% foreign debt growth in Q3, BI says debt-to-GDP still 'healthy'

While Indonesia’s external debt grew 3.8 percent year-on-year in the third quarter, Bank ...
Indonesia’s forex reserves decline to $133.7 billion in October
Business 3 weeks ago

Indonesia’s forex reserves decline to $133.7 billion in October

Indonesia’s foreign exchange (forex) reserves declined by US$1.5 billion in October to $133.7 ...
Indonesia foreign debt rises as govt borrows from multilateral organizations
Business 1 month ago

Indonesia foreign debt rises as govt borrows from multilateral organizations

Indonesia’s foreign debt rose by the end of August as the government borrowed funds from multi...
BI buys $15.7b in govt bonds to support economy
Business 2 months ago

BI buys $15.7b in govt bonds to support economy

Of the total figure, the central bank has bought Rp 51.17 trillion worth of sovereign debt papers (S...
Indonesia’s debt jumps as government ramps up virus spending
Business 2 months ago

Indonesia’s debt jumps as government ramps up virus spending

The country’s debt-to-gross domestic product (GDP) ratio rose to 34.53 percent as of August, a...
World Bank chief warns extreme poverty could surge by 100 million
Business 3 months ago

World Bank chief warns extreme poverty could surge by 100 million

The Washington-based development lender previously estimated that 60 million people would fall into ...
Will the government's debt be sustainable in 2021?
Opinion 3 months ago

Will the government's debt be sustainable in 2021?

Amid these uncertainties, one thing is certain: the Indonesian government’s debt will soar to ...
Fitch downgrades US outlook to negative from stable
Business 3 months ago

Fitch downgrades US outlook to negative from stable

Fitch affirmed the US's AAA rating but said it expected government debt to hit 130 percent of GD...
Indonesia’s debt to swell further in 2021 to finance economic recovery
Business 5 months ago

Indonesia’s debt to swell further in 2021 to finance economic recovery

The Finance Ministry’s Fiscal Policy Agency head Febrio Nathan Kacaribu said Indonesia’s...
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