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Indonesia corruption concerns, new Pakistan forecasts

Indonesia’s parliament has approved changes to how the country’s anti-corruption body (KPK) is governed, a move which could weaken its powers to investigate new corruption allegations. Meanwhile, following the decision by Pakistan’s central bank (SBP) to leave interest rates on hold at its meeting earlier this week, we have changed our interest rate forecasts. Having previously expected further hikes this year, we now think rates will be left unchanged for the remainder of 2019.

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