Between Hope and Worry
May 27, 2003
THE impact of the strengthening rupiah is spreading. There is hope that electricity tariffs will not increase again and fuel prices may decline. But, there is worry that Indonesia's exports will decline.
It was the Director-General of Electricity & Energy Utilization, Luluk Sumiarso, that raised that hope. Luluk said that the strengthening rupiah will lower the basic selling price (HPP) of the State Electricity Board (PLN). Currently
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