Jakarta, Sept. 26 -- Indonesia's International Investment Position (IIP) recorded a larger net liability, according to Executive Director of the Bank Indonesia (BI) Communication Department Onny Widjanarko.

At the end of the second quarter (Q2) of 2020, Indonesia's IIP registered a net liability totaling US$280.8 billion, or 25.7 percent of the GDP, increasing from US$256.6 billion, or 22.8 percent of the GDP, at the end of the previous quarter, Widjanarko noted in a statement in Jakarta, Saturday.

The increase stemmed from a larger increment of Foreign Financial Liabilities (FFL) than the Foreign Financial Assets (FFA).

Indonesia's higher FFL position was mainly triggered by an influx of foreign capital in portfolio investment and dir...