IHSG tinggal +3

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--- In obrolan-bandar@yahoogroups.com, "jsx_consultant" <jsx-
[EMAIL PROTECTED]> wrote:
>
> Indonesia Currency Rating Raised by Standard & Poor's (Update1) 
> July 26 (Bloomberg) -- Indonesia had its long-term foreign currency 
> rating raised by Standard & Poor's, which cited the country's 
falling 
> debt and inflows of foreign investment. 
> 
> Standard & Poor's lifted its rating to BB- from B+, it said in a 
> statement today. The long-term local currency rating was raised to 
> BB+ from BB. The government's debt may fall to less than 50 percent 
> of gross domestic product this year, from more than 100 percent in 
> 2000, Standard & Poor's said. 
> 
> ``The upgrades reflect Indonesia's improving fiscal and external 
> performance, resulting in declining debt burdens,'' Standard & 
Poor's 
> said in the statement. 
> 
> Indonesia's foreign direct investment rose 4.6 percent in the six 
> months to June 30, Indonesia's Investment Coordinating Board said 
> July 24. The country's $276 billion economy is forecast to grow 5.9 
> percent this year from 5.6 percent in 2005. 
> 
> ``Supporting these positive trends is an improvement in Indonesia's 
> political environment, resulting from a more robust democracy, and 
> from the government's commitment to infrastructure development, 
tax, 
> and subsidy rationalization, and financial sector reforms,'' the 
> ratings company said in the statement.
>






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