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Hoping for Minimal Oil Concerns

Tuesday, December 18, 2007

Economic growth next year is predicted to be better than this year, although it all depends on global oil prices.

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MARATHON meetings were held many times at different places during the last month. Sometimes they took place at the Finance Department, but more often they were at the office of Vice President Jusuf Kalla. The agenda was clear: establishing several emergency measures in case crude oil prices in the international marketplace continued upwards of US$80 per barrel.

In fact, oil prices are currently far above this figure. On Wednesday last week, the

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