Moody's holds Indonesia's credit ratings steady
Add BT as a preferred source
Jakarta
INDONESIA'S road to recovery following the sharpest economic contraction since the 1998 Asian Financial Crisis will be slow and bumpy as the country battles rising cases of Covid-19 infections and stagnant productivity.
During a media roundtable hosted by Moody's Investor Services, Anushka Shah, vice-president and senior analyst of the credit ratings agency's sovereign risk group, noted that for now, Indonesia does not face a ratings downgrade given its stable growth outlook.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Strengthening Asean’s economic resilience through RCEP’s 2027 review
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
US-China rivalry and the Kindleberger Trap: Why inaction – not escalation – is the biggest risk
