Inp.polri.go.id - Jakarta. The Indonesian government is intensifying its communication strategy following Moody’s decision to revise the country’s sovereign credit rating outlook from "stable" to "negative."
While maintaining the Baa2 rating, Moody’s prompted a clarification from Coordinating Minister for Economic Affairs Airlangga Hartarto regarding the role of Danantara, the nation’s newly established sovereign wealth fund.
He said that the shift aims to decouple public service funding from investment financing, allowing the state budget to focus on presidential priority programs while Danantara drives institutional investment reform.
"I have spoken with Danantara, and they are preparing steps to explain their role and governance to the rating agencies," Minister Airlangga Hartarto said during the 2026 Annual Financial Services Industry Meeting in Jakarta on Thursday (5/2/2026), as reported by antaranews.com.
The Minister reassured global markets that Indonesia maintains strict fiscal discipline, keeping the budget deficit below 3% and the debt-to-GDP ratio under 40%. Despite the outlook adjustment,
Indonesia’s economic fundamentals remain robust, with 2025 GDP growth reaching 5.11%, outpacing several major global economies, and foreign exchange reserves standing strong at $156.5 billion.
(mg/inp/pr/rs)
