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View all search resultsIn case of a global recession and a more severe “liquidity squeeze,” Moody’s Investors Service anticipates risks to more than a quarter of the firms it rates in the Asia-Pacific region – and a third in Indonesia.
Indonesia’s 2020 state budget deficit may further widen to 2.8 percent of gross domestic product, much higher than the government’s target, as tax reforms are to result in lower revenue collection, economists say.
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