Improved status of Indonesia's debt rating by ratings agency Fitch Ratings is a signal that there is flood of foreign investment to Indonesia.
On the one hand, Indonesia has been compiling a list of projects that are ready to run. On the other hand, project financing coming from abroad more affordable.
"In 2012, Indonesia will be more stable with the increase in rating (debt rating) is. Moreover, Indonesia already has MP3EI (Expansion Master Plan and Accelerated Economic Development of Indonesia)," said Coordinating Minister Hatta Rajasa in Jakarta, Thursday (15/12 / 2011).
According to Hatta, an increase in the debt rating from Fitch, which is faster than expected in 2012, suggesting that fiscal policy and macroeconomic Indonesia maintained. It reinforces Indonesia as an investment target.
"Moreover, the existing projects in MP3EI are real projects. They have seen that Indonesia continues to cut barriers to investment. Moreover, will be reinforced by the decline in interest rates," he said.
Hatta asserted, in the future Indonesia was no longer need to provide fiscal incentives are excessive because even without the incentive is very attractive. However, fiscal incentives that have been granted at this time will still be encouraged in key sectors,namely infrastructure development and connectivity.
"I'm actually very confident,the manufacturing sector will be targeted investment because Indonesia has a strong appeal,especially with a huge market," he said.
As is known, today's debt ratings agency Fitch Ratings domiciled in Hong Kong ranked raise long-term foreign debt of Indonesia, and the rupiah-denominated loans from BB + (plus) to BBB-(minus).
Fitch added that Indonesia's economy was stable estimates. Fitch projected Indonesia's economic growth will reach 6 percent per year until 2013, amid the lack of conducive today's global economy.
Indonesia is also able to recover quickly from the crisis due to domestic-oriented economy.
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