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-BI-JCR Revised Outlook on Indonesia's Rating From Stable to Positive

Japan Credit Rating Agency, Ltd. (JCR) revised the outlook on the Sovereign Credit Rating of the Republic of Indonesia from Stable to Positive and affirmed Indonesia's BBB- (Investment Grade) issuer rating on March 7th2017.

In the news release, JCR highlighted two key drivers of the change in Indonesia's Sovereign Credit Rating outlook. First, the improvement on the investment climate promoted by a series of Economic Policy Packages and second, the containment of private external debt brou

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