Jakarta - Chairman of the Board of Commissioners of the Financial Services Authority Mahendra Siregar stated that the results of the Moody's Investors Service periodic review which confirmed the suitability of the Republic of Indonesia's Sovereign Credit Rating at the Baa2 level with a stable outlook reflects global confidence in Indonesia's economic resilience.
The affirmation of Indonesia's credit rating by Moody's shows an indicator of global confidence in Indonesia's strong economic fundamentals and the resilience of the financial sector which remains maintained amid global uncertainty.
"This is proof that the policies we have implemented consistently are able to maintain stability amidst global dynamics. We hope that the results of Moody's periodic review will further increase investor confidence in Indonesia's economic prospects," Mahendra said in his statement in Jakarta, Friday.
Moody's highlights several factors that strengthen Indonesia's economic resilience, including its natural resource advantages and demographic bonus that are the drivers of long-term growth.
In addition, high domestic demand, especially from household consumption and investment, is projected to continue driving economic growth in 2025 and 2026.