Foreign capital flow to Indonesia totals US$16.07 bln in 2019

Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled US$16.07 billion in 2019 despite global economic uncertainties.

Bank Indonesia Governor Perry Warjiyo (Photo: Antara)
Bank Indonesia Governor Perry Warjiyo (Photo: Antara)
He said most of them are in government bonds, State securities and corporate bonds, adding that foreign reserves also significantly increased in the fourth quarter, reaching $127 billion, bringing the country's balance of payment into positive territory.
Indonesia’s inflation stood at 2.72 percent while necessities remained stable in 2019, he said.
According to him, Indonesian people and foreign investors believe in the leadership of the government and expect impressive growth figures in 2020.

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