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Tuesday, March 20, 2001
There are difficult times ahead. Prices are expected to soar soon, since the government has increased the cost of fuel for industry by 50 and 100 percent. With the rupiah dropping to around 10,000 to the US dollar, prices will soon go up. This is evident in the cost of goods containing imported elements, such as processed food, electronic items and vehicles. Consequently, inflation will go up, interest rates will go up, deficits will go up an
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