Jakarta, July 14 -- Indonesia said S&P Global Ratings' decision to affirm its investment-grade credit rating reinforces investor confidence, as the government seeks to sustain economic growth and strengthen fiscal credibility amid global uncertainty.

S&P on Monday affirmed Indonesia's long-term sovereign rating at BBB and short-term rating at A-2, both with a stable outlook.

"The decision reflects confidence in Indonesia's economic resilience. We must build on this momentum," Ferry Irawan, a deputy at the Coordinating Ministry for Economic Affairs, said on Tuesday.

The affirmation keeps Indonesia in the investment-grade category despite persistent global economic headwinds.

S&P forecasts Indonesia's economy will expand about five perc...