JAKARTA : Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion) from its fuel subsidy budget to social protection, including cash handouts to 20.65 million households, finance minister Sri Mulyani Indrawati said on Monday.The Indonesian government has been considering raising subsidised fuel pri
JAKARTA : Indonesia will reallocate 24.17 trillion rupiah from its fuel subsidy budget to social protection, including cash handouts to 20.65 million households, finance minister Sri Mulyani Indrawati said on Monday.
The Indonesian government has been considering raising subsidised fuel prices amid rising fiscal pressure due to high global energy prices.
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