
S&P Affirms Indonesia's Credit Rating, Sustaining Investor Confidence
S&P Global Ratings has affirmed Indonesia's long-term foreign currency debt rating at 'BBB' with a stable outlook, reflecting the resilience of the Indonesian economy amidst global uncertainties. This investment-grade rating is crucial for maintaining international investor confidence and attracting foreign investment.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- S&P Affirms Indonesia's Credit Rating as Stable, Predicts Economic Recovery
S&P has affirmed Indonesia's sovereign credit ratings at BBB/A-2 with a stable outlook, deeming recent fiscal strains temporary and predicting economic recovery driven by increased resource sector revenues. The decision offers relief to the Prabowo administration, whose economic policies have raised concerns among international investors.