S&P Flags Risks to Indonesia Rating, Weeks After Moody’s Warning
S&P Global Ratings warned that rising fiscal pressures, particularly higher debt-servicing costs, are increasing downside risks for Indonesia’s sovereign credit profile and could lead to negative rating action.
By Grace Sihombing, Prima Wirayani · Bloomberg Markets
S&P Global Ratings warned that rising fiscal pressures, particularly higher debt-servicing costs, are increasing downside risks for Indonesia’s sovereign credit profile and could lead to negative rating action.