JAKARTA - Indonesias foreign debts rose to US$290.6 billion by the end of July from US$284.9 billion a month earlier. The debts included US$134.2 billion owed by government and US$156.4 billion owned by the private sector, data at Bank Indonesia said.
The debts of the private sector grew 12.9 percent yoy on July slowing from 14.4 percent yoy in June. The debts of the government grew 6.8 percent yoy in July rising from a growth of 6.2 percent yoy in June. Short term debts grew faster by 11.1 percent in July rising from a growth of 7.3 percent on June.
Long term debts grew 9.8 percent yoy in July slowing from 11.1 percent in June. In July long term debts totaled US$240.6 billion including government debts making up US$128.1 billion or 95.5 percent of the total debt of the public sector .
The long term debt of the private sector totaled US$112.5 billion making up 71.9 percent of the total amount of private debts. Bank Indonesia said it will continue to monitor the developments of the foreign debts and would strengthen its policy in foreign debt management especially in connection with private sector debts.