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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

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Published Wed, Jun 22, 2016 · 09:50 PM

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    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 in a move supported by investors and credit-rating companies. With oil prices falling at the time, he didn't face much protest from ordinary Indonesians either.

    Indonesiafuel

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