Tag: Moody’s

Indonesian President Prabowo Subianto has replaced Finance Minister Purbaya Yudhi Sadewa with Suahasil Nazara. It’s easy to change a minister, but harder to prove that the change will deliver what investors actually want. Indonesia enters this transition with Moody’s and Fitch ratings agencies maintaining their investment-grade sovereign ratings while shifting their outlooks to “Negative.” MSCI, […]