TEMPO.CO, Jakarta - Finance Minister Sri Mulyani Indrawati positively welcomed the decision of international rating agency Fitch Ratings to improve the Indonesia's outlook sovereign credit rating from 'stable' to 'positive'.
"I'm glad to hear that Fitch's assessment [on Indonesia's credit rating] improves from normal to positive. I think this is a positive thing, and I hope that it will be well-translated in terms of our rating improvement," Sri Mulyani said in Jakarta on Thursday, December 22, 2016.
Sri Mulyani said that she would leave the rating improvement decision to Fitch, but she pledged to convince Fitch with data that Indonesia has sound economic fundamental and policies.
With government endeavors to minimize domestic and foreign risks, Sri Mulyani believes that Fitch view Indonesias economic management highly.
"It will lead to trust in the form of positive outlook, and hopefully it will be upgraded," Sri said.
Earlier, Fitch suggested that Indonesia could improve its rating next year by strengthening its external resiliency. In addition, Fitch suggested the government to boost investment climate and raise the its good governance standards. Indonesia is believed to more capable in maintaining its economic growth compared to other neighboring countries.
ANGELINA ANJAR SAWITRI
