House of Representatives State Budget for Repayment Debt of IDR 782 Trillion

June 06, 2024, 05.25 AM | Reporter: Dendi Siswanto

ILUSTRASI. Stacks of US dollars are at the VIP (Valuta Inti Prima) Money Changer foreign currency exchange outlet, Jakarta, Jakarta, Wednesday (16/11/2022). Bank Indonesia (BI) noted that Indonesia's foreign debt (ULN) amounted to 394.6 billion US dollars in the third quarter of 2022, down compared to the position in the previous quarter of 403.0 billion US dollars, where this development was caused by a decrease in public sector external debt. (Government and Central Bank) as well as the private sector. BETWEEN PHOTOS/Muhammad Adimaja/foc.

FOREIGN DEBT - JAKARTA. JAKARTA. Dolfie Othniel Frederic Palit, the Deputy Chairman of the Commission XI of the Indonesian House of Representatives from the PDI Perjuangan Faction, has raised questions about the government's ability to manage its significant debt due next year.

According to Palit, the government is expected to repay a debt of IDR 782 trillion next year. This repayment accounts for 22% of the country's expenditure, which is approximately IDR 3,500 trillion.

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