You are here

Indonesia hails credit outlook upgrade to 'positive' by Moody's

Top minister chastises Standard & Poor's for holding back an investment-grade rating
Friday, February 10, 2017 - 05:50

Dr Indrawati said that the government will continue to strengthen policies to "rationalise risk perception". Officials have long been hoping for a ratings upgrade from S&P.


INDONESIAN authorities welcomed a credit outlook upgrade by Moody's as a sign investors are increasingly comfortable with the country, while the chief economics minister chastised Standard & Poor's (S&P) for holding back an investment-grade rating.

Moody's Investors

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom