Message at Midnight

More than 100 scenarios follow the fuel price increase. Targeting a deficit of less than 1 percent is one way of measuring its effectiveness.

October 4, 2005

LAST Friday evening was a special night for most Indonesians. Many were glued to their television sets, waiting for the announcement that would likely effect changes in their lives—the fuel price increase!

The announcement, originally scheduled for 10pm was delayed for more than two hours. It was not until five minutes before one in the morning that the ministers finally made their appearance at the Finance Department. They had come straigh

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