Moody's Reviews Indonesia's Credit Ranking

Pertumbuhan Ekonomi Indonesia : Pembangunan Rusun
Sumber :
  • VIVAnews/Tri Saputro

VIVAnews - Moody's ratings sees the chance of raising Indonesia's ranking, which is now at the level of Ba2. Moody's sizes up Indonesia's balanced economic sustainability and macro economy.

The improve in the government's debts, the Bank Indonesia Certificate (SBI) as well as the economic policy framework in dealing with macro economy and other market turbulences has become one of the solid grounds for the evaluation.

Moody's takes into account reviews over the Ba1 ranking for state bonds and Ba3 for bank savings.

The International ratings agency has called to mind the Ba2 ranking for Indonesia as of June 2010. The ranking uplift was due to Indonesia's resilience toward the global economic downturn.

Indonesia has the capability of managing domestic political issues without ruining the credibility of major policy makers.

"We're reviewing Indonesia's credit ranking given its fundamental economic recovery and inflation management," said Aninda Mitra, Moody's Vice President. 

Moreover, currency appreciation and additional foreign exchange reserves will boost foreign investment and long-term capital.

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Translated by: Bonardo Maulana W

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VIVA.co.id
29 Maret 2024