# S&P Warns of Indonesia's Fiscal Risks, Shaking Financial Markets

> 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.

- Date: 2026-02-27 · published 2026-02-27T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/20912-s-and-p-warns-of-indonesia-s-fiscal-risks-shaking-financial-markets
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Fiscal stress and possible further downgrades increase rupiah pressure, raising import costs for Indonesian feed buyers and dampening the outlook for local demand.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- kompas.id: https://www.kompas.id/artikel/en-sp-peringatkan-risiko-fiskal-pasar-keuangan-ri-terguncang

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.