Opinion: The Government Should Let Fuel Oil Prices Based on Market

SOARING global oil prices should make President Jokowi realize that Indonesia faces a crisis. It is wrong to maintain a policy of using state funds to support the price of fuel. The government now only has two choices: limit the consumption of fuel or increase the price to the market level.

Retaining the compensation scheme, to avoid using the word “subsidies,” for Pertalite gasoline is a policy with high risks. The proof of this is

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