Businessmen’s Association Chairman, Sofjan Wanandi
Lowering the price of fuel is not enough

January 20, 2009

THE government once again lowered the price of premium gasoline and diesel last Thursday, to Rp4,500 per liter. This means that since December 2008, fuel prices have come down three times. But this has not led to the lowering of the prices of other commodities, like basic needs. Many people, including President Susilo Bambang Yudhoyono, are questioning the reluctance of businessmen to lower prices, given that they immediately raised prices when f

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