Indonesia's Foreign Debt Decreases to US$ 403.9 Billion in the First Quarter of 2024

May 15, 2024, 06.59 PM
Reporter: Dendi SiswantoEditor: Syamsul Azhar

JAKARTA, SOVEREIGN DEBT - Indonesia's foreign debt (ULN) for the first quarter of 2024 has decreased, according to Bank Indonesia (BI). The country's ULN position in Q1 2024 was recorded at US$ 403.9 billion, a drop from the Q4 2023 position of US$ 408.5 billion.

Erwin Haryono, Assistant Governor of the Bank Indonesia Communication Department, attributed the decrease in ULN position to both the public and private sectors.

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