Friday, April 30, 2010

Japan-Singapore, Indonesia Largest Creditor

Bank Indonesia reported that Japan and Singapore as the largest lenders to Indonesia until March 2010.

In a discussion with reporters on Friday (30/04/2010), International Director of Bank Indonesia said Nelson Tampubolon, Japan became the largest creditor to the government and central bank debt, amounting to 34 percent of the total foreign debt group or 105.6 billion U.S. dollars .

Other large creditors include international organizations by 29 percent, the United States amounted to 21 percent, and the remaining European countries. Meanwhile, Singapore's loan funds devote 33 percent of the total foreign debt of private parties in Indonesia, which amounted to 75.1 billion U.S. dollars.

The Netherlands amounted to 25 percent, Japan 20 percent, and the United States amounted to 11 percent. However, he continued, in debt, about 58 percent of total Indonesia's foreign debt borrowed in U.S. dollars. The rest, among others, in yen, amounting to 20 percent, the rupiah 12 per cent, euro 5 per cent and three per cent in Singapore dollar.

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