State-Owned Enterprises' Foreign Debt Drops to $40.4B in October 2025
Executive Summary
Key insights and market outlook
Indonesia's state-owned enterprises (BUMN) reduced their foreign debt to $40.4 billion in October 2025, marking a 2.53% month-on-month decline and 9.43% year-on-year decrease. The total debt equivalent to Rp 673.5 trillion was recorded by Bank Indonesia's External Debt Statistics. This reduction reflects improved financial management and potentially lower foreign exchange exposure for BUMN.
Deep Dive Analysis
State-Owned Enterprises Reduce Foreign Debt to $40.4 Billion
Significant Decline in External Debt
Indonesia's state-owned enterprises (BUMN) have successfully decreased their foreign debt to $40.4 billion by October 2025. This figure represents a significant 2.53% month-on-month reduction from September 2025's $41.08 billion and a 9.43% year-on-year decrease compared to October 2024's $44.21 billion.
Financial Implications
The total foreign debt of BUMN now stands at approximately Rp 673.5 trillion when converted using the exchange rate of Rp 16,670 per USD. This reduction in foreign debt is a positive indicator of BUMN's financial health and their ability to manage external liabilities effectively. The decrease also suggests potential reduction in foreign exchange risk exposure for these state-owned entities.
Economic Context and Future Outlook
The decline in BUMN's foreign debt can be attributed to various factors including improved financial management practices, potential debt repayments, and possibly favorable exchange rate movements. This trend is likely to have positive implications for Indonesia's overall external debt profile and could contribute to maintaining macroeconomic stability.
Source References
Story Info
Topics Covered
Key Events
BUMN Foreign Debt Reduction
External Debt Statistics Release