Indonesia’s Prabowo to allow debt-to-GDP ratio to reach 50%: Report
JAKARTA: Indonesian President-elect Prabowo Subianto will allow the nation’s debt-to-GDP ratio to rise to 50 per cent provided his administration can boost tax revenues, the Financial Times reported citing one of his closest advisers. Prabowo’s brother and adviser Hashim Djojohadikusumo told the Financial Times in a London interview that Indonesia could still retain its investment-grade … Read more
