Indonesia’s total foreign debt is still at a safe level, despite indicators of the country’s payment ability worsening in recent months, according to the central bank. The indicators on the country’s ability to service its foreign debt worsened due to weak exports, the economic slowdown and the sharp depreciation of the rupiah, BI statistics department executive director Hendy Sulistiowati said in Jakarta on Friday. Hendy pointed out that the quarterly figure for the tier-2 debt service ratio (DSR), which puts the total repayment of principal and interest on debt into relation to direct investment, slightly worsened, rising to 60.4 percent in the third...
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