Yet, with regard to the later, I believe that rating agencies still tend to be too conservative in assessing Indonesia’s risk profile. Hence, it is not yet fully reflects the result of the significant transformation progress that Indonesia have been through within more than a decade, while they still more in “traumatic” view relate to the 1998 crisis.
Outlook and challenge ahead We are quite confident that the Indonesian economy is on track. The economy will move on a faster pace compare with our previous belief and will be around 7% growth within the next couple of years, given the already proven domestic resilience so far. Economic growth will also be boosted by the upturn on export and investment.