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The Indonesian government still dominates Indonesia's external debt (ULN) by borrower group. Based on data released by Bank Indonesia, the government's external debt as of June 2016 reached US$153.3 billion, or 47 percent of Indonesia's total external debt of US$323.8 billion. Second place is held by non-bank companies, amounting to US$134.8 billion or 41.6 percent of the total ULN.
Total government external debt increased by 10.9 percent in the first half of 2016; similarly, Bank Indonesia's debt also rose by 7.3 percent. Meanwhile, ULN in the private sector actually decreased—2.4 percent for banks and a slight 0.3 percent decrease for non-bank companies.
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