JAKARTA: Indonesia’s worsening Covid-19 crisis is raising pressure on the government to lift spending and widen the budget deficit, even as rating agencies warn any loosening of the country’s hard-won fiscal discipline could bode ill for its credit ratings.The world’s fourth-most populous nation has Asia’s second-highest pandemic death toll and caseload and a slow vaccination programme means it is ill-prepared to reopen at the same pace as other countries.That has increased vulnerabilities in an economy that has been badly hit by capital flight and financial crises in the past.However, there is now mounting political pressure to address growing economic hardships with the chair of parliament
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