Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 15/08/2022 00:58 
28.06.2022 21:12 News >> Fitch Affirms Indonesia's Rating At 'BBB' With Stable Outlook

Fitch Affirms Indonesia's Rating At 'BBB' With Stable Outlook

Economy expected to grow 5.6% in 2022, 5.8% in 2023, says agency.

Fitch Ratings announced Tuesday it has affirmed Indonesia's long-term foreign currency rating at "BBB" with a stable outlook.
The global ratings agency said it expects Indonesia's economic growth will recover to 5.6% in 2022 and 5.8% in 2023, significantly up from 3.7% last year when a COVID-19 wave driven by the Delta variant disrupted economic activity.
"The government has significantly increased subsidies to shield households from high international oil and food prices, allowing for unchanged domestic prices for the most used types of subsidized fuel," read a statement.
However, the agency warned that a weakening of the policy framework that could undermine macroeconomic stability may lead to a negative rating action.
Moreover, a sustained decline in foreign exchange reserve buffers may also lead to a downgrade.
A material reduction in external vulnerabilities and significant improvement of structural indicators may lead to a positive rating action, it added. -



        Latest News
Besiktas Miss Chance To Secure Victory Against Alanyaspor 4 minutes ago...
10 man Black Eagles draw 3 3 with their opponents in Turkish Super Lig.
Georgian Government Calls On Peoples Of Abkhazia, South Ossetia To Build Country Together 34 minutes ago...
Irakli Garibashvili says his government favors peaceful solution to country’s longstanding problems with territorial integrity.
Champions Bayern Munich Keep Up Perfect Bundesliga Start 49 minutes ago...
Goals from Jamal Musiala, Thomas Muller sink Wolfsburg for season's 1st home win.
50 Killed As Heavy Rains, Floods Lash Northern Nigeria 19 minutes ago...
Thousands of homes damaged across Jigawa state amid relentless rainfall.
500 More Wildfires Recorded In UK This Year Than All Of 2021: Official 4 minutes ago...
Record temperatures, dry conditions creating 'perfect' conditions for wildfires, says fire chief.

 
      Top News
Champions Bayern Munich Keep Up Perfect Bundesliga Start Champions Bayern Munich Keep Up Perfect Bundesliga Start
50 Killed As Heavy Rains, Floods Lash Northern Nigeria 50 Killed As Heavy Rains, Floods Lash Northern Nigeria
Spanish Defender Marc Bartra To Join Trabzonspor Spanish Defender Marc Bartra To Join Trabzonspor
Turkish Delegation Due To Visit US For F-16 Jets Talks Turkish Delegation Due To Visit US For F-16 Jets Talks
UN Rights Chief In Bangladesh To Assess Human Rights, Rohingya Condition UN Rights Chief In Bangladesh To Assess Human Rights, Rohingya Condition
Diary Diary
Turkish Forces 'Neutralize' 5 YPG/PKK Terrorists In Northern Syria Turkish Forces 'Neutralize' 5 YPG/PKK Terrorists In Northern Syria
Bangladesh Ponders Mystery Of Giant Jellyfish Carcasses Washing Up On Its Shore Bangladesh Ponders Mystery Of Giant Jellyfish Carcasses Washing Up On Its Shore
Anadolu Agency's Morning Briefing - Aug. 13, 2022 Anadolu Agency's Morning Briefing - Aug. 13, 2022
28Th Sarajevo Film Festival Begins In Bosnia 28Th Sarajevo Film Festival Begins In Bosnia