Wed Mar 23 UTC (2 months ago)
In your timezone (EDT): Tue Mar 22 8:00pm - Tue Mar 22 8:00pm
Increased vaccinations, accommodative monetary policy, higher commodity prices, and measures to boost jobs and lower investment barriers may push Indonesia towards the path of recovery this year. Fitch expects real GDP growth to pick up further in 2022, with almost 50% of the population fully vaccinated to date.
Even so, scarring effects of the pandemic may prevent GDP levels from returning to pre-Covid trajectories, and key risks remain – including setbacks in containing potentially new variants, renewed lockdowns and geopolitical trade tensions could undermine consumer and business sentiment, and delay fiscal consolidation. Shifts in expectations toward the timing and pace of rate hikes may also generate capital-flow volatility - posing challenges to emerging-market central banks which have engaged in deficit financing and as they withdraw liquidity.
How will these challenges affect Indonesia’s plans to narrow its fiscal deficit and pursue structural reforms, as well as longer term goals such as the implementation of a Sustainable Financial Roadmap to reduce greenhouse gas emissions? And what will this mean for Indonesia’s credit markets, bond issuers and investors?
We invite you to join this event where key decision makers in government, the private sector and Fitch’s leading analysts will discuss these themes and more.
Head of South & South-East Asia Energy and Utilities, Fitch Ratings
Head of Indonesia Corporates, Fitch Ratings
Deputy for Finance and Risk Management, Ministry of State Owned Enterprises
Aloysius Kiik Ro
Vice President Director, PT Hutama Karya
President Director, PT Mandiri Sekuritas
M. Wahid Sutopo
PT Penjaminan Infrastruktur Indonesia (Persero)
President Director, PT Sarana Multi Infrastruktur
Head of South/SE Asia Industrial, Fitch Ratings
Head of Asia-Pacific Infrastructure & Project Finance Ratings, Fitch Ratings