Jakarta (ANTARA News) - Indonesian foreign debts swelled to US$298.6 billion by the end of January or a 10.1 percent increase year-on-year, a Bank Indonesia executive said.

The debts included government debts making up US$135.7 billion and debts of the private sector accounting for US$162.9 billion, the communications executive director of the central bank Tirta Segara said .

The debts of the private sector grew slower, up 13.6 percent (yoy) in January from 14.2 percent in December, 2014, Tirta said here on Wednesday.

The debts of the public sector grew faster - up 6.1 percent (yoy) in Janmuary from 5 percent in December, 2014, he said. The growth was attributable mainly to governments global bonds of US$4 billion.

The countrys foreign debts were dominated by long term debts which accounted for 84.7 percent.

Long term debts grew 12 percent (yoy) in January, 2015 or faster than a growth of 11.3 percent in December, 2014.

Short term debts grew only 0.4 percent (yoy) in January, 2015 slower than a growth of 3.2 percent in the previous month.

Long term debts of the public sector in January, 2015 totaled US$131.6 billion or 97 percent of the total debts of the sector.

The long term debts of the private sector totaled US$121.5 billion in January 2015 or 74.6 percent of its total debts .

The debts of the private sector by the end of January, 2015 were made up mainly of debts in the financial sector, mining sector and in the electricity , gas and drinking water sector totaling US$US$47.2 billion, US$32.2 billion, US$26.4 billion and US$19.2 billion respectively.

"Bank Indonesia is of the opinion that the development of the foreign debts is still healthy although it is always necessary to be wary of the impact on the countrys economy. Ahead, Bank Indonesia will continue to monitor the developments of the debts especially those of the private sector," he said.

(T.SYS/A/H-ASG/F001)

Editor: Aditia Maruli Radja
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