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ELECTRICITY
Halfhearted Cuts

Tuesday, January 20, 2009

The government reduced electricity rates to the same level as fuel price cuts. This is not to affect the real sector.

arsip tempo : 173528021250.

. tempo : 173528021250.

ISMAIL Mandry felt happy when on Monday last week President Yudhoyono announced that basic industry electricity rates would be cut. However, that afternoon the euphoria felt by Ismail, Chairman of the Indonesian Association of Iron & Steel Industries, quickly vanished. From her office in Central Jakarta, Coordinating Minister for the Economy, Sri Mulyani Indrawati, narrowed down the President’s explanation. “So, there was really nothing new,�

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