# S&P maintains Indonesia's credit ratings, but flags fiscal uncertainties ahead

> S&P Global Ratings affirmed Indonesia's BBB investment-grade rating with a stable outlook on Tuesday. The agency flagged fiscal uncertainty tied to the incoming government led by Prabowo Subianto.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: macro · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/29616-s-and-p-maintains-indonesia-s-credit-ratings-but-flags-fiscal-uncertainties
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Fiscal uncertainty can weigh on the rupiah and raise borrowing costs, which indirectly affects import costs for Indonesian feed buyers, though the rating affirmation limits the risk.

## Read by commodity

- USDIDR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/asia/sp-maintains-indonesias-credit-ratings-flags-fiscal-uncertainties-ahead-2024-07-30/

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