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Jokowi to raise petrol, diesel prices by 50%

Saturday, October 18, 2014 - 05:50

Jakarta

INDONESIA'S President-elect Joko Widodo plans to raise subsidised petrol and diesel prices by around 50 per cent next month, in a bid to bring down the budget deficit in South-east Asia's largest economy, an adviser told Reuters on Friday.

The new government will be taking