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S&P Global Ratings warned of fiscal pressure risks in Indonesia, citing interest payments at about 15% of state revenues in 2025, and opened the possibility of a negative outlook revision. Indonesia's BBB rating was kept at a stable outlook, and the JCI weakened.
Fiscal stress and possible further downgrades increase rupiah pressure, raising import costs for Indonesian feed buyers and dampening the outlook for local demand.
kompas.idErika KurniaFeb 27, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
