No. 23/5/DKom
Indonesia’s official reserve assets stood at USD135.9 billion as of end-December 2020, increased from USD133.6 billion as of end-November 2020. The position of official reserve assets was equivalent to finance 10.2 months of imports or 9.8 months of imports and servicing government’s external debt, and well above the international adequacy standard of three months imports. Bank Indonesia considers that the official reserve assets position was able to support the external sector resilience and maintain macroeconomic and financial system stability.
The increase of official reserve assets in December 2020 was mainly influenced by government’s foreign loan withdrawal and tax receipts. Moving forward, Bank Indonesia views that the official reserve assets remain adequate, supported by the stability and solid domestic economic outlook, in line with the policy responses to stimulate economic recovery.
Head of Communication Department
Erwin Haryono
Executive Director
Information on Bank Indonesia
Tel. 021 - 131, e-mail: bicara@bi.go.id
