RI'S MATURE DEBTS TO AFFECT ITS FOREX RESERVES

Jakarta, Dec 22 (ANTARA) - The government admitted that Indonesia's foreign exchange debts which fell due next year would affect its foreign exchange reserves, Finance Minister Sri Mulyani Indrawati said.

"The mature debts must have effect but it does not mean that we will run short of reserves because we will have ones to replace them," the minister said here on Monday.
She said that the effect of the mature debts on the country's foreign exchange reserves could be measured with their exposure composition.
The minister said that the government had calculated its foreign exchange debts, including possible risks they might have for the state in 2009.
On the occasion, Treasury Director General Hadiyanto said the value of the country's assets until the first semester of 2008 was recorded at Rp510 trillion.
"That's only in the first semester. In the second semester, the assets must have increased. Reports on the state assets in 2008 are expected to be issued in January 2009," he said.
He said that he office would work hard to accomplish the inventory and assessment of the state assets in 2009.
Director General of Taxation Darmin Nasution said meanwhile that his directorate should explain various matters relating to taxation affairs in connection with the ending of the year 2008 and the coming of the new year 2009.
"There are several matters that have to be explained including the value added tax, exit tax, sunset policy and others," he said adding that it was, however, not yet the time to make them public.