Moody's: Indonesia stays stable

Moody's Investors Service said the outlook for Indonesia's Baa3 sovereign rating remains stable.

Moody's said the rating is based on four factors: moderate to high economic strength, low to moderate institutional strength, moderate government financial strength and moderate susceptibility to event risk.

The sovereign rating reflects the country's strong growth, low government debt and the recent track record of prudent fiscal management, the agency said.

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