President Prabowo vows Indonesia will not be ‘frightened’ by MSCI amid proposed market downgrade

Speaking at a Cabinet meeting on Oct. 21, President Prabowo accused global index provider MSCI of trying to frighten Indonesia after it proposed stripping the country of its emerging-market status and reclassifying it as a “standalone” market.

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.