Although Indonesian President Susilo Bambang Yudhoyono announced yesterday that his government would introduce new measures to cut the country's ballooning fuels subsidy it is unclear what can be done without raising prices to customers, a political third rail with elections little more than a year away.
Indonesia's Fuel Subsidy Quandary
Indonesia's Fuel Subsidy Quandary
Indonesia's Fuel Subsidy Quandary
Although Indonesian President Susilo Bambang Yudhoyono announced yesterday that his government would introduce new measures to cut the country's ballooning fuels subsidy it is unclear what can be done without raising prices to customers, a political third rail with elections little more than a year away.