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As Indonesia faces MSCI downgrade threat, officials vow reforms to ease fears
As Indonesia faces MSCI downgrade threat, officials vow reforms to ease fears
As the threat of a reclassification by MSCI that could relegate Indonesia to an investment hinterland looms, the country’s financial regulators and stock exchange officials have vowed to address systemic concerns, including removing stocks with concentrated ownership. The global index provider announced on Friday it was launching a formal consultation to decide whether to downgrade Southeast…