Indonesia’s foreign debts reached 276.6 billion USD in April, up 7.6 percent from the same period last year.

Communications executive director of the Bank Indonesia Tirta Segara said that of the total, 131 billion USD was owed by the public sector and the rest, the private sector.

In comparison with March, in April the private sector recorded a year-on-year rise in foreign debts from 12.2 percent to 13 percent, mainly in processing and mining fields.

Segara said that the central bank will continue monitoring the development of foreign debts, especially those from private companies, in order to ensure that the debts will be effective in financing development without the risk of disturbing macro-economic stability.-VNA