One Increase Won't Be Enough

The government's decision to increase fuel prices continues to be overshadowed by leaps in global oil prices. What is needed is a long-term policy.

May 27, 2008

WEARING a chocolate-colored trouser suit, Finance Minister Sri Mulyani Indrawati opened the most-waited press conference so far this year. Following a limited cabinet meeting at the State Secretariat on Friday afternoon last week, Minister Sri Mulyani, together with nine other ministers announced the fuel price increases at the Graha Sawala building of the Finance Department. As had been long rumored, these fuel prices were increased by an averag

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