Indonesia: Hike in Fuel Prices May Disrupt Economic Recovery: Economist
TEMPO.CO, Jakarta – Indonesia’s economic recovery could be affected by the increase in subsidized fuel prices, Director of the Center of Economics and Law Studies (Celios) Bhima Yudhistira has argued. He said this is because the price hike in Pertalite and Solar may lead to an increase in inflation. If the inflation rate is too high and labor absorption […]
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