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Jakarta Post
The Jakarta Post
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Living without fuel subsidies

  • Erkata Yandri

Kanagawa, Japan | Wed, April 6 2011 | 08:00 am

PREMIUM Oil subsidies have become a serious topic for the government. Both the coordinating minister for the economy and finance minister do not hesitate to speak openly about a possible reduction of oil subsidies.

This is understandable because Indonesia’s status as a net oil importer since 2003 has stirred a panic every time world oil prices spike. The state of panic will be more severe if pri...