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ADB president Nakao praises Indonesia's fuel subsidy cut

Jakarta lauded for decisive reforms, which have boosted market confidence in its economic programme

Published Tue, Jan 13, 2015 · 09:50 PM

Tokyo

INDONESIA'S decision to cut fuel subsidies in the wake of the oil-price plunge will free up financial resources for infrastructure building and other development priorities, says Asian Development Bank (ADB) president Takehiko Nakao.

He was speaking in Jakarta…

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