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Indonesia to cap, scrap fuel subsidies

Jokowi govt's biggest changes to decades-old system aimed at taking the economy forward

Jakarta

INDONESIA will cap the diesel subsidy and scrap aid for petrol beginning Thursday, the biggest changes to a decades-old system that has tied up budget funds and bloated energy imports.

President Joko Widodo's government will implement a fixed diesel subsidy of 1,000 rupiah

sentifi.com

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