A Painful Lesson - Economy - magz.tempo.co

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Effect of Budget Revisions

A Painful Lesson

Monday, May 28, 2001

The government's method of covering the budget deficit will be heavy going for the public. It's all too easy to transfer the burdens of the state to the public.

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MOST PEOPLE feel we are now seeing the last days of President Abdurrahman Wahid's administration. But in the midst of the current crisis, the government has seen fit to introduce several new policies that are not popular from the public's point of view. In the middle of next month, the government will increase fuel prices for the public. At the same time, it will also increase VAT, sales taxes on several luxury goods, duty on cigarettes and electri

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Tempo English Monday, May 28, 2001
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