Indonesia Foreign Debt at US$ 10.1 Billion

Tuesday, 07 April, 2009 | 18:42 WIB

TEMPO Interactive, Jakarta: Indonesia foreign debt due to be paid in 2009 reached US$ 10,1 billion, a report from the central bank showed on Tuesday. The report also projected foreign loans in 2009 at US$ 9,1 bilion.

Bank Indonesia noted that US$ 7,1 billion of the total debt was the primary loan while US$ 3 billion was the loan interest, and the government to make the payment from the 2009 state budget.

In 2009 the government planned to acquire US$ 9,1 billion to finance spending, US$ 5,8 will came in form of programme and project loans, while US$ 3,3 billion will be acquired through auctions of government and islamic bonds.

Several countries and international institutions have reportedly pledged loans for precautionary measures for Indonesia totalled at US$ 6,5 billion. The pledge came from the World Bank at US$ 2 billion, Asian Development Bank and Australian Development Bank to make separate contribution of US$ 1 billion, the Japanese government to make US$ 1,5 billion loans, while International Development Bank and the French government to lend US$ 0,5 billion.

The private sector according to the central bank is due to settle US$ 17,4 billion foreign debts due to mature this year or about 63,3 percent of Indonesia's total short term debts.

EKO NOPIANSYAH