Analysts Urge Forex Debt Moratorium to Ease Rupiah

There is an urgent need for the government to consider postponing foreign currency debt payments to safeguard the country's fiscal health in light of the depreciating rupiah exchange rate.

Annasa Rizki Kamalina & Tegar Arief Fadly

9 Okt 2023 - 18.07
A-
A+
Analysts Urge Forex Debt Moratorium to Ease Rupiah

An employee shows United States (US) dollar banknotes in Jakarta, Tuesday (5/9/2023). Photo/Bisnis/Eusebio Chrysnamurti

Bisnis, JAKARTA — There is an urgent need for the government to consider postponing foreign currency debt payments to safeguard the country's fiscal health in light of the depreciating rupiah exchange rate. Negotiating with creditors to arrange such a postponement may be a viable approach to address the challenges posed by the weakening currency.

Many economists consider debt postponement to be a favorable option as it offers the government additional flexibility to meet its financial commitments while maintaining the fiscal consolidation of the State Revenue and Expenditure Budget (APBN).

According to Chief Economist at Bank Mandiri Andry Asmoro, postponing foreign currency debt payments is essential to mitigate the impact of the continuous weakening of the rupiah against the US dollar.

The significant pressure on the rupiah's exchange rate necessitates interventions to maintain foreign exchange and rupiah liquidity within the domestic economy.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Aprilian Hermawan
company-logo

Lanjutkan Membaca

Analysts Urge Forex Debt Moratorium to Ease Rupiah

Dengan paket langganan dibawah ini :

Tidak memerlukan komitmen. Batalkan kapan saja.

Penawaran terbatas. Ini adalah penawaran untuk Langganan Akses Digital Dasar. Metode pembayaran Anda secara otomatis akan ditagih di muka setiap empat minggu. Anda akan dikenai tarif penawaran perkenalan setiap empat minggu untuk periode perkenalan selama satu tahun, dan setelah itu akan dikenakan tarif standar setiap empat minggu hingga Anda membatalkan. Semua langganan diperpanjang secara otomatis. Anda bisa membatalkannya kapan saja. Pembatalan mulai berlaku pada awal siklus penagihan Anda berikutnya. Langganan Akses Digital Dasar tidak termasuk edisi. Pembatasan dan pajak lain mungkin berlaku. Penawaran dan harga dapat berubah tanpa pemberitahuan.

Copyright © Bisnis Indonesia Butuh Bantuan ?FAQ
Kembali ke Atas
BIG MEDIA
Jalan K.H. Mas Mansyur No. 12AKaret Tengsin - Jakarta Pusat 10220
© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.