Indonesia Debt Penetrates Rp 7,000 Trillion, This is the Explanation of Menkeu Sri Mulyani – Tribunjateng.com
TRIBUNJATENG.COM — Indonesias debt is reported to have penetrated Rp. 7,000 Trillion, said the Minister of Finance, Sri Mulyani.
We know that the Indonesian governments debt has penetrated Rp. 7,000 trillion in Indonesia end of February 2022.
Quoted from our APBN, data as of February 28 mentions the state debt recorded at Rp 7,014.58 T.
Even so, the government said this debt position was still maintained within safe and reasonable limits, and under control.
Finance Minister Sri Mulyani Indrawati even said that the debt ratio to the GDP of the Republic of Indonesia is still smaller compared to other countries ASEAN, G20, and countries around the world.
To maintain the health of the state budget, the debt ratio (Indonesia) includes relatively low measured from ASEAN countries, the G20, and the rest of the world, said Sri Mulyani in the Youtube show of the Financial System Stability Committee quoted by Kompas.com, Friday (15/4/2022).
CASE OF FAILURE TO PAY SRI LANKA
Even so, this state treasurer remains wary of a spike in debt Indonesia. Sri Lankas failure to pay was also Sri Mulyanis spotlight.
Just so you know, Sri Lanka announced it would default on its external debt 51 billion US dollars or equivalent to Rp. 732 trillion (exchange rate of Rp 14,371).
Default announced as last step after Sri Lanka running out of foreign exchange to import the basic goods needed public.
