Oleh Amrln, Selasa, 2 Februari 2016 | 13:49 WIB - Redaktur: Filmon Warouw - 649
Jakarta, InfoPublik – Japan Credit Rating Agency, Ltd. (JCR) maintained Indonesia's rating in “investment grade.”
In a press release received here on Monday (2/1), JCR affirmed Indonesia’s Sovereign Credit Rating at BBB-/stable outlook.
Some of the key factors supporting the affirmation are Indonesia's solid economic growth sustained by strong domestic consumption, controlled fiscal deficit, effective government debt management, and positive banking condition.
Furthermore, JCR stated that the stable outlook reflects Indonesia’s ability in facing external pressures through proper fiscal and monetary policy. It includes the launch of a wide range of economic policy packages to boost and sustain Indonesia's long term economic growth.
In response, the Governor of Bank Indonesia Agus Martowardojo stated JCR’s affirmation confirms Indonesia's economic resilience in facing economic slowdown and volatility in global financial markets.
"At a time when some countries face downgrades, Indonesia is able to maintain investment rating. It shows the country has launched the right policies to sustain economic growth with stronger economic foundation," said Mr. Martowardojo in Jakarta, Monday (2/1).
JCR had previously affirmed Indonesia's Sovereign Credit Rating on BBB/stable outlook on October 22, 2014. (Translator: Wilda Stiana)
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