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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 […] ....