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Fitch, Moody’s raise concerns about fiscal policy under Prabowo leadership Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
JAKARTA (ANN/THE JAKARTA POST) – Fitch Ratings and Moody’s, two prominent credit rating agencies, express concern over Prabowo Subianto’s ambitious campaign promises potentially leading to a more expansionary fiscal policy. As a presidential candidate, Prabowo aims to fund these initiatives by boosting the tax ratio and establishing a new state revenue agency directly accountable to […]
Jakarta: Set to be Indonesia’s next leader, Prabowo Subianto will soon inherit his predecessor’s mission to break the trillion-dollar economy out of the middle-income trap.
Indonesia's Prabowo Subianto has made no decision on adjusting energy subsidies, a senior member of his team said on Friday, after media reported the likely new president would target subsidies as... -February 16, 2024 at 01:09 am EST - MarketScreener
Rest of World News: Taiwan's ruling party is predicted to win a third consecutive term in the upcoming elections, despite President Xi Jinping's efforts to bring the coun