Hundreds Of Trillions Of Government To Pay Interest Digelontorkan Debt

Jakarta -Interest debt that must be paid by the Government each year continues to increase in number, as increasing amounts of debt. In 2007, interest debt owed the Government $ 79,8 trillion, and in 2012 jumped to Rp 117,8 trillion.

So the contents of the Memorandum which quoted Finance RAPBN 2013 detikFinance, Tuesday (9/8/2012).

"During the period 2007-2012, in nominal interest payments on debt showed increased 8.1% on average per year, from Rp 79,8 billion (2% of GDP) in 2007, estimated at Rp 117,8 billion (1.4% of GDP) in 2012," a statement the Financial Memorandum.

However, the Government stated, in line with the Government's debt management efisiennya and kondusifnya conditions of domestic economy, the ratio of interest payments on debt to total State spending trends show a decrease.

In 2007, the interest portion of the debt reached 10.5% of total State spending, the ratio declined to estimated at 7.6% in 2012.

"In line with government policy to prioritize debt sourced from domestic financial markets, debt interest payments in the country also experienced an increase. Domestic debt interest payments in 2007 reached 54.1 trillion (67.8% against total debt interest) and increased to Rp 84,7 trillion (72% to total debt interest) in 2012, "said the Memorandum.

In addition, during the period 2007-2012, the average domestic debt interest payments reached 69.4% of total interest payments on debt. Most of the portion of interest payments on debt is interest payments for debentures or securities (SBN) domestic State.

In 2011, along with the withdrawal of domestic loans, debt interest payments in the country also includes the payment of loan interest in the country. Nevertheless, the proportion of loan interest payments in the country as a whole is still relatively low compared to the Domestic allocation of interest payments SBN.

The Government stated, interest payments on debt is also an instrument for maintaining the stability of the economy due to investors, lenders and the Interior, and other international institutions to assess the credibility of the Government through capacity and timeliness in meeting the obligations of the loan.

For 2013, the Government's debt interest payments to allocate Rp 113,2 trillion.

(dnl/dnl)