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Throwing Speed Bumps at Fuel Subsidy Curbs

Wednesday, February 1, 2012

A program to restrict fuel subsidies and phase out its use is not yet ready. A survey shows consumers prefer raised prices to Premium, the widely used state-subsidized fuel.

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ENERGY Minister Jero Wacik should have come to the House of Representatives (DPR) on Thursday last week. He was scheduled to meet with DPR legislators from the Energy Commission to decide on a policy that would effectively restrict the use of subsidized fuel starting this year. But the meeting was abruptly cancelled. Jero asked for the meeting to be postponed to Monday this week. No clear reason was given, according to Effendi Simbolon, deputy

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