{
    "success": true,
    "data": {
        "id": 1860421,
        "msgid": "indonesias-external-debt-reaches-444-4-billion-us-dollars-in-may-2026-1784091241",
        "date": "2026-07-15 11:01:04",
        "title": "Indonesia's External Debt Reaches 444.4 Billion US Dollars in May 2026",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia reported that the country's external debt stood at 444.4 billion US dollars in May 2026, a 2.1 per cent year-on-year increase. The growth was driven by the public sector, while private external debt experienced a slight contraction. Authorities maintain that the debt structure remains sound, with long-term debt dominating the total position.",
        "content": "<p>Bank Indonesia (BI) reported that Indonesia\u2019s external debt (ULN) in\nMay 2026 grew by 2.1 per cent year-on-year (yoy) to 444.4 billion US\ndollars, with a debt-to-GDP ratio of 29.9 per cent. The External Debt\nStatistics of Indonesia (SULNI), released by BI together with the\nMinistry of Finance, assessed that the external debt position in May\n2026 remained manageable, albeit slightly higher than the 2.0 per cent\n(yoy) growth recorded in April 2026. Executive Director of the BI\nCommunication Department, Ramdan Denny Prakoso, stated that this\ndevelopment was influenced by growth in public external debt, both\ngovernment and central bank, amid a lower contraction in private\nexternal debt. The government\u2019s external debt position in May 2026 was\n217.3 billion US dollars, growing 3.7 per cent year-on-year, relatively\nstable compared to the growth in April 2026. This development was mainly\ninfluenced by inflows into international Government Securities (SBN),\nreflecting sustained investor confidence in Indonesia\u2019s economic\nprospects, amid net maturing payments of government foreign loans. The\ngovernment remains committed to maintaining credibility by fulfilling\nprincipal and interest payment obligations on time, as well as managing\nexternal debt prudently, measurably, and flexibly to achieve efficient\nand optimal financing. As a component of the state budget (APBN)\nfinancing instruments, the utilisation of external debt continues to be\ndirected to support productive sector financing while considering the\nsustainability of external debt management. By economic sector,\ngovernment external debt was utilised, among others, to support the\nhealth services and social activities sector (22.0 per cent of total\ngovernment external debt); government administration, defence, and\ncompulsory social security (20.6 per cent); education services (16.2 per\ncent); construction (11.5 per cent); and transportation and warehousing\n(8.5 per cent). Almost all government external debt is long-term.\nMeanwhile, the increase in Bank Indonesia\u2019s external debt was driven by\na rise in non-resident holdings of Bank Indonesia Rupiah Securities\n(SRBI) monetary instruments, in line with pro-market monetary operations\nand efforts to maintain rupiah exchange rate stability amid the impact\nof persistently high global uncertainty. On the other hand, the private\nexternal debt position in May 2026 was recorded at 195.9 billion US\ndollars, experiencing a contraction of 0.1 per cent year-on-year. This\ncontraction was more limited compared to the 0.5 per cent contraction in\nApril 2026. This development was mainly driven by the financial\ncorporations borrower group, which recorded a year-on-year contraction\nof 0.8 per cent, lower than the 5.0 per cent contraction in April 2026.\nBy economic sector, the largest private external debt originated from\nthe manufacturing sector; financial services and insurance; electricity,\ngas procurement; and mining and quarrying, with a share reaching 79.9\nper cent of total private external debt. Private external debt remains\ndominated by long-term debt, with a share of 74.9 per cent of total\nprivate external debt. Overall, Indonesia\u2019s external debt is dominated\nby long-term debt, with a share reaching 83.9 per cent of the total. To\nmaintain a sound external debt structure, Bank Indonesia and the\nGovernment continue to strengthen coordination in monitoring external\ndebt developments. Indonesia will continue to optimise the role of\nexternal debt to support development financing and encourage sustainable\nnational economic growth, while minimising risks that could affect\neconomic stability.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesias-external-debt-reaches-444-4-billion-us-dollars-in-may-2026-1784091241",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}