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The Fuel Subsidies Time Bomb

Tuesday, April 29, 2008

As world oil prices continue to soar, the government should not allow itself to be “held hostage” by its promise not to raise prices.

arsip tempo : 173515515529.

. tempo : 173515515529.

AS world oil prices continue to soar, the biggest test encountered by the Yudhoyono-Kalla presidency will be whether they will have the guts to take the unpopular step of raising domestic fuel prices. Given the difficulty and the timing, this time will be more perplexing than two years ago, when the government raised fuel prices twice. As a result, the State Budget was saved and the government managed to fend off attacks from its political oppone

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