Indonesia's COVID-19 Vaccination and Economic Resilience Strategy
Highlight of the Month
What's New
Economic Recovery Program
and Its Updates
...page 5-18
Bank Indonesia's 2023 Outlook
...page 74
Fiscal & Financing Policy
Bank Indonesia
Board of Meeting Decision
...page 118-119
Update
...page 83-112
Prudent Pandemic Management
and Continued Economic Recovery
Big but measured steps
including a strong
vaccination program
Synergy between
institutions nationwide
Responsive and flexible
Government Budget
Resilient economic
performance
Continued National economic
recovery momentum, reflected by
5.72% (yoy) economic growth in Q3-
2022, endured on the back of
stronger domestic demand and
persistently solid exports.
Affirmation of Investment Grade
Sovereign Credit Rating
Rating
Agencies
Fitch Rating
MOODY'S
Rating (Outlook)
BBB (Stable)
Baa2 (Stable)
S&P Global
BBB (Stable)
Sources: Fitch, Moody's, S&P
Investment grade ratings affirmed by
Fitch on December 14, 2022 recognizing
macro stability and optimism on the
growth prospect, as well as policy
credibility in handling COVID-19
pandemic.
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