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Indonesia cautious about handling debts in 2025

Indonesian Finance Minister Sri Mulyani Indrawati has emphasised that debt management in the 2025 fiscal year needs to be handled carefully.

Indonesian Minister of Finance Sri Mulyani Indrawati. (Photo: The Indonesian Ministry of Finance)
Indonesian Minister of Finance Sri Mulyani Indrawati. (Photo: The Indonesian Ministry of Finance)

Jakarta (VNA) – Indonesian Finance Minister Sri Mulyani Indrawati has emphasised that debt management in the 2025 fiscal year needs to be handled carefully.

Speaking at a working meeting with the House of Representatives of the Republic of Indonesia (DPR) in Jakarta on June 5, Indrawati forecast that interest rates would continue to remain high for a long period, and it would have an impact on the state budget.

Therefore, Indonesia must be very careful in managing debts in such a trend, she said.

The Indonesian Ministry of Finance has set a target for the 2025 State Revenue and Expenditure Budget (APBN) deficit to be in the range of 2.45-2.82%.

Investment financing is projected to be 0.3-0.5% of gross domestic product (GDP) and debt ratios 37.98-38.71%.

Financing will be maintained and managed through innovative, prudent, and sustainable financing through various Indonesian debt management which continues to be benchmarked globally, she noted.

To maintain debt ratio, the ministry will maximise internal financing such as through the Public Service Agency (BLU) and State-Owned Enterprises (BUMN), she added./.

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