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Indonesia s Foreign Debt Increases to US$ 422 6 billion

Jumat 16 Apr 2021 15:02 WIB Rep: Lida Puspaningtyas/ Red: Elba Damhuri An officer is checking money in a bank in Jakarta Foto: Akbar Nugroho Gumay/Antara The Indonesian Government s external debt grew by 4.6 percent on an annual basis REPUBLIKA.CO.ID, JAKARTA - Indonesia s foreign debt has increased in February 2021, but it is considered that the increase is still under control. Bank Indonesia (BI) stated that both government-owned foreign money and private debt recorded an increase. Indonesia s foreign debt in February 2021 remains under control, recorded at US$ 422.6 billion or Rp.6,166.13 trillion. Head of the BI Communication Department, Erwin Haryono, said that the debt figure grew by 4.0 percent (yoy), higher than the growth in the previous month of 2.7 percent (yoy).

Expediting Indonesia s economic recovery process

Expediting Indonesia s economic recovery process 2nd February 2021 The container loading and unloading activities at Tanjung Priok Port, North Jakarta, Thursday (21/1/2021). Bank Indonesia (BI) has again maintained the benchmark interest rate, or BI 7-day Reverse Repo Rate, at 3.75 percent that is consistent with the forecast for low inflation and maintained external stability as a concerted effort to support national economic recovery. ANTARA FOTO / Dhemas Reviyanto / foc. Global economic activity will continue to increase, as various countries roll out COVID-19 vaccinations, coupled with the ongoing fiscal and monetary policy stimuli. Global economic recovery will primarily be driven by China and the United States, several advanced economies, such as Europe and Japan, as well as developing economies, including India and the ASEAN.

BI survey sees continued increase in corporate demand for financing

BI survey sees continued increase in corporate demand for financing 18th December 2020 Logo of Bank Indonesia. (Antara / Documentation of BI) Jakarta (ANTARA) - Bank Indonesia’s Supply and Demand Financing Survey has projected a continued increase in corporate demand for financing, primarily to support operating activities, for the next three months. According to the survey, the Weighted Net Balance (WNB)1 for financing in November, 2020 and the next three months has been higher than previously surveyed, mainly from agriculture, forestry and fishing, wholesale and retail trade, real estate, as well as education services. This was conveyed by Erwin Haryono, executive director, head of BI Communication Department in a press release on Friday (December 18, 2020).

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