Indonesia’s External Debt Rises 5.3% Y/y to $360.5B in Oct.

(Bloomberg) -- External debt rose from $342.35b a year earlier, according to Bank Indonesia.
* Public external debt, consisting of govt and central bank debts, stood at $178.3b vs $173.2b a year ago, central bank says in report released on Monday
* Private sector debt, including that of state-owned enterprises, climbed 7.7% Y/y to $182.2b, mainly driven by growth in electricity, gas and water supply sector
* “Indonesia’s external debt at the end of October 2018 remains controlled with healthy structure,” Bank Indonesia says
* External debt as percentage of GDP at ~34%, dominated by long-term debt amounting to 86.9% of total
* Bank Indonesia and govt continue to coordinate to monitor development of external debt and to optimize its role in supporting development financing, without creating risks that can affect economic stability