CNA·3 min read·medium
S&P maintains Indonesia credit rating, saying fiscal strains could be temporary
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CNA✦AI Summary
S&P Global Ratings has affirmed Indonesia's sovereign credit rating at BBB/A-2, citing stable economic management and fiscal discipline. The agency expects commodity price rebounds to help offset temporary fiscal pressures.
S&P expects Indonesia's government revenue to continue recovering this year, and its export receipts to rebound with higher commodity prices.
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