KONTAN.CO.ID – JAKARTA. The Japan Credit Rating Agency, Ltd. (JCR) has maintained Indonesia's Sovereign Credit Rating at BBB+ (Investment Grade) with a stable outlook as of March 22, 2024. This decision takes into account the strong economic growth prospects and controlled government debt. JCR projects that government debt will gradually decrease, in line with improving economic growth and fiscal deficit. Bank Indonesia Governor, Perry Warjiyo said, this proves that amidst the current global uncertainty, the international community has strong confidence in the maintenance of Indonesia's macroeconomic stability and financial system.
Japan Credit Rating Maintains Indonesia's Rating at BBB+ Level
KONTAN.CO.ID – JAKARTA. The Japan Credit Rating Agency, Ltd. (JCR) has maintained Indonesia's Sovereign Credit Rating at BBB+ (Investment Grade) with a stable outlook as of March 22, 2024. This decision takes into account the strong economic growth prospects and controlled government debt. JCR projects that government debt will gradually decrease, in line with improving economic growth and fiscal deficit. Bank Indonesia Governor, Perry Warjiyo said, this proves that amidst the current global uncertainty, the international community has strong confidence in the maintenance of Indonesia's macroeconomic stability and financial system.
TAG: