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Surging crude prices test Jokowi's political will to raise fuel costs

If the government brings back subsidies, the budget may come under additional strain
Thursday, June 23, 2016 - 05:50

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Within three months of taking office in 2014, Mr Joko scrapped subsidies on petrol and capped aid on diesel in a move supported by investors and credit-rating companies.

Singapore

RISING oil prices have put Indonesian fuel costs back in focus as some economists question whether President Joko Widodo will bring back budget-draining subsidies.

Within three months of taking office in 2014, Mr Joko scrapped subsidies on petrol and capped aid on diesel

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