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Indonesia\'s Balance of Payments

Although the balance of payments still saw a deficit of US$46 million in the third quarter, it was far lower than the nearly $2 billion recorded in the second quarter.

By
ARI KUNCORO
· 4 minutes read
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KOMPAS/ALIF ICHWAN

A renewable energy exhibition booth attendant speaks to visitors about biofuels — BO, B20, B30 and B100 — at JIEXPO in Kemayoran, North Jakarta, on Nov. 6.

Indonesia recorded some improvement in its balance of payments in the third quarter of 2019. Although the balance of payments still saw a deficit of US$46 million in the third quarter, it was far lower than the nearly $2 billion recorded in the second quarter.

This improvement was mainly due to a surplus of $1.25 billion in the balance of goods in the third quarter of 2019. As a result, the current account deficit fell to $7.68 billion from $8.15 billion in the second quarter of 2019.

Editor:
Syahnan Rangkuti
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