BBM
The Tricky Business of Lifting Subsidies
September 18, 2000
Ir. N. Sutan Assin *)
*) Deputy rector of Trisakti University, and member of the Group of 20 oil and gas observers.
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The government’s decision to stop fuel subsidies cannot be contested any more. The selling price of fuel is determined by a presidential decision and is uniformly applied throughout the country at certain selling points. Due to the government’s authority in setting prices, Pertamina’s (state oil company |