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Monday, September 18, 2000

The Tricky Business of Lifting Subsidies

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Ir. N. Sutan Assin *)
*) Deputy rector of Trisakti University, and member of the Group of 20 oil and gas observers.

 

The government’s decision to stop fuel subsidies cannot be contested any more. The selling price of fuel is determined by a presidential decision and is uniformly applied throughout the country at certain selling points. Due to the government’s authority in setting prices, Pertamina’s (state oil company

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