The Much Anticipated Fuel Price Hike

Dian Ayu Yustina

There has been much talk about the new government's plan to raise the fuel price in November. Although the issue was not discussed at the first cabinet meeting, Finance Minister Bambang Brodjonegoro said that the government is ready to hike the fuel price should the President give his go- ahead.

November 4, 2014

Dian Ayu Yustina

There has been much talk about the new government's plan to raise the fuel price in November. Although the issue was not discussed at the first cabinet meeting, Finance Minister Bambang Brodjonegoro said that the government is ready to hike the fuel price should the President give his go- ahead.

The government urgently needs to raise fuel prices so it can reallocate fuel subsidies, which currently amounts to about a fifth of the cen

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