Bank Of Indonesia Logo
Cyber Daily News - Bank Of Indonesia said foreign debt position Indonesia until the
end of the third quarter 2015 reached 302.4 billion US dollars is still
safe.
"Until the end of the third quarter Indonesia if seeing some existing indicators, still below the threshold (threshold), but we remain on the lookout," said Executive Director of the Head of the Department of Statistics in complex BI Hendy Sulistiowati Bank Indonesia (BI) on Friday.
Some of the indicators on which the BI to state external debt position of Indonesia in the category of safety among other indicators of short-term external debt to total external debt had improved in the previous quarter at 18.7 percent figure.
"Short-term external debt to total debt in the third quarter 2015 reached 18.6 percent, this is an improvement compared to the previous quarter. If you have exceeded 18.9 percent was the danger," he said.The next indicator is the position of the external debt to Gross Domestic Product in the third quarter of 2015 increased slightly compared to the previous quarter, from 34.5 percent to 34.9 percent with tresholdnya in the range of 51.1 percent.
"This increase is due to the high need for external financing. However, this position is still far below the alert threshold," he said.
Another indicator that can be seen from the external debt position on the acceptance of the current account is still far from the threshold alert, although the proportion increases as the decline in the current account receipts.
"ED against the current transaction acceptance threshold of its 170.7 percent. Now we are arriving at 157.7 percent increase of 153 percent in the previous quarter. Although we know of our exports also declined," he said.The last indicator is the foreign exchange reserves compared with short-term external debt is still safe despite the observed decline in the third quarter of 2015 at 181.1 percent figure of 190 per cent in the previous quarter.
"For this indicator alert status next year we should be wary of external debt position in line with the recovery in economic conditions," said Hendy.
He confirmed the withdrawal of bad debt should not be considered all the indicators are still in the safe range then it can be justified.
"Debt is not anything for domestic funding is not sufficient for economic activity have a need for the development of production processes and other investments," said Hendy.
From the information gathered by Antara, the position of the government and Bank Indonesia's external debt in the third quarter of 2015 was valued at 134.2 billion US dollars, down 0.29 percent from the second quarter of 2015 were worth 134.6 billion US dollars.
However, the debt position of the government and Bank Indonesia in the third quarter in 2015, an increase when compared to the third quarter of 2014 were worth 132.9 billion US dollars.
Meanwhile, the private external debt in September 2015 recorded 168.2 dollars, down 1 percent from the previous quarter figure stepped in 169.9 billion US dollars.
When compared with private debt position in the third quarter in 2014, the private external debt has increased 4.11 percent from its position at that time in the number of 161.55 billion US dollars.
"Until the end of the third quarter Indonesia if seeing some existing indicators, still below the threshold (threshold), but we remain on the lookout," said Executive Director of the Head of the Department of Statistics in complex BI Hendy Sulistiowati Bank Indonesia (BI) on Friday.
Some of the indicators on which the BI to state external debt position of Indonesia in the category of safety among other indicators of short-term external debt to total external debt had improved in the previous quarter at 18.7 percent figure.
"Short-term external debt to total debt in the third quarter 2015 reached 18.6 percent, this is an improvement compared to the previous quarter. If you have exceeded 18.9 percent was the danger," he said.The next indicator is the position of the external debt to Gross Domestic Product in the third quarter of 2015 increased slightly compared to the previous quarter, from 34.5 percent to 34.9 percent with tresholdnya in the range of 51.1 percent.
"This increase is due to the high need for external financing. However, this position is still far below the alert threshold," he said.
Another indicator that can be seen from the external debt position on the acceptance of the current account is still far from the threshold alert, although the proportion increases as the decline in the current account receipts.
"ED against the current transaction acceptance threshold of its 170.7 percent. Now we are arriving at 157.7 percent increase of 153 percent in the previous quarter. Although we know of our exports also declined," he said.The last indicator is the foreign exchange reserves compared with short-term external debt is still safe despite the observed decline in the third quarter of 2015 at 181.1 percent figure of 190 per cent in the previous quarter.
"For this indicator alert status next year we should be wary of external debt position in line with the recovery in economic conditions," said Hendy.
He confirmed the withdrawal of bad debt should not be considered all the indicators are still in the safe range then it can be justified.
"Debt is not anything for domestic funding is not sufficient for economic activity have a need for the development of production processes and other investments," said Hendy.
From the information gathered by Antara, the position of the government and Bank Indonesia's external debt in the third quarter of 2015 was valued at 134.2 billion US dollars, down 0.29 percent from the second quarter of 2015 were worth 134.6 billion US dollars.
However, the debt position of the government and Bank Indonesia in the third quarter in 2015, an increase when compared to the third quarter of 2014 were worth 132.9 billion US dollars.
Meanwhile, the private external debt in September 2015 recorded 168.2 dollars, down 1 percent from the previous quarter figure stepped in 169.9 billion US dollars.
When compared with private debt position in the third quarter in 2014, the private external debt has increased 4.11 percent from its position at that time in the number of 161.55 billion US dollars.
