Indonesian Economic Co-ordinating Minister Erlangka Harutato said that the government will summon relevant officials from the Indonesia Stock Exchange and the Financial System Stability Board on Friday to discuss the downgrade warning of the MSCI index. He told reporters in Jakarta that the warning “reminds us that we must push forward the reforms and let domestic and foreign investors actually see the results of the reforms.” Hartato said, “We will definitely discuss this with the Indonesia Stock Exchange to develop specific measures and a clear schedule.” Hartato said that the fundamentals of the Indonesian economy are stable, and current market fluctuations are mostly due to emotional factors.

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