Indonesia Spending Too Much On Energy Subsidies
Indonesian subsidies just for energy including electricity and fuel have reach 15-18 percent of the total state budget over the last five years. In fact, next year, the energy subsidies are estimated...
View ArticleCrude Oil Price Increase Adding More Subsidy Burden
The Indonesian ESDM vice Minister Rudi Rubiandini on Friday said that the Indonesian Crude Price (ICP) assumption for the 2013 state budget has been exceeded which will affect the amount of subsidy the...
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