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Indonesia grapples with inflation dilemma as subsidies cut
Published Wed, Jun 14, 2017 · 09:50 PM
Jakarta
WHAT'S good for Indonesia's fiscal chiefs is proving a headache for the central bank.
President Joko Widodo's push to phase out electricity subsidies that have drained the budget of billions of dollars is boosting prices in the economy and threatening the bank's 3 per cent to 5 per cent inflation target.
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