Consider the Coal
Tuesday, August 7, 2018
The ending of government regulation on coal producers’ obligation to sell coal domestically, known as the Domestic Market Obligation (DMO), is not the solution to the current account deficit. Instead of increasing exports, the ending of the DMO could bring about the collapse of PLN, the state electricity company.
Therefore, President Joko Widodo was right to cancel the plan to end the DMO following a cabinet meeting. If it had been pushed
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More