Government Foreign Debt Increases, Bank Indonesia Remains Stagnant in July 2020
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Government and Bank Indonesia (BI) external debt (ULN) was recorded at US$201.8 billion as of July 2020. BI's ULN remained relatively stable at US$2.8 billion. Meanwhile, the government's ULN increased from US$196.5 billion in June 2020 to US$199 billion.
The increase in government and BI ULN is due to the drawdown of some multilateral commitments and the issuance of Samurai Bonds to meet financing needs. This financing includes funds for handling the Covid-19 pandemic and the National Economic Recovery Program (PEN).
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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