Prabowo Accuses MSCI of Attempting to ‘Intimidate’ Indonesia After Downgrade Threat

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Prabowo Accuses MSCI of Attempting to ‘Intimidate’ Indonesia After Downgrade Threat

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Indonesian President Prabowo Subianto accused MSCI of trying to intimidate Indonesia after the index provider threatened a downgrade. The dispute highlights tensions over the country’s investment-market classification and its response to the prospect of a rating change.

"We possess strength, we have courage, we are willing to make sacrifices, and we refuse to surrender," said the former general.

World Politics Markets Indonesia Prabowo Subianto MSCI market downgrade investment classification financial markets

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