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Understanding Government Debt

Over the past few months, a number of parties have criticized President Joko "Jokowi" Widodo and Finance Minister Sri Mulyani Indrawati over rising government debt in the last three years.

By
Andreas Lako
· 8 minutes read
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Over the past few months, a number of parties have criticized President Joko "Jokowi" Widodo and Finance Minister Sri Mulyani Indrawati over rising government debt in the last three years.

The debt, which has reached Rp 4,407.05 trillion (2017), is considered very risky and endangers the state finances. President Jokowi\'s policy of increasing the infrastructure development budget is deemed to be plunging the country into serious financial difficulties. Therefore, a number of parties, including former President Susilo Bambang Yudhoyono (SBY), have urged President Jokowi to immediately control the government debt, so as not to throw the country into a serious crisis in the future.

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