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Indonesia's debt wall hits an economy running on borrowed time

Summary by Asia Times
Indonesia is entering a critical test of its fiscal resilience. Beneath the government’s optimistic narrative of a stable economic growth rate of around 5% lies a structural anomaly carrying significant systemic risks. The accumulation of central government debt, now edging toward the psychological threshold of 10 quadrillion rupiah (US$572 billion), has pushed the country into […] The post Indonesia’s debt wall hits an economy running on borrow…

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Indonesia's government debt reached Rp9,920.42 trillion at the end of March 2026. Finance Minister Purbaya emphasized that the public need not worry about this figure....

Finance Minister Purbaya Yudhi Sadewa assessed that the Indonesian government's debt position is still safe even though the nominal value is almost reaching IDR 10 thousand trillion by the end of March 2026.

·Indonesia
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Asia Times broke the news in Hong Kong on Monday, May 11, 2026.
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