REPUBLIKA.CO.ID, JAKARTA -- Indonesia's Capital and Financial Transaction grew surplus of 4.9 billion USD in third quarter of the year. It was supported by foreign direct investment (FDI) inflows.
"Bank Indonesia (BI) policy and fiscal financing strategy supports grow of capital and financial performance," BI Spokesman, Difi A Johansyah said recently.
Foreign investment in third quarter of 2013 increased to 5.4 billion USD, compared to 4.7 billion USD in previous quarter. It was supported by improvement of investment climate in the country.
Foreign investment recorded a positive performance over the entry of foreign capital inflows in portofolio instruments that denominated in USD. It was supported by government steps in issuing foreign currency bonds as a source of fiscal financing.
There was improvement due to composition of capital inflows. Private capital inflows in third quarter of 2013 were more dominated by an increase of FDI inflows.
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