03/03/2012

INDONESIA: fuel subsidies for fishermen maintained

Readers may have noticed that the world prices for oil are showing an upward trend.

In Indonesia the government has decided to maintain fuel subsidies for fishing vessels above 30 GT. According to one on line article in the Jakarta Post discussing this issue it appears that for the whole economy "The government has allocated Rp 123.6 trillion (13.8 billion USD) in government spending for fuel subsidies, including premium gasoline, diesel, kerosene and 3-kilogram canisters of liquefied petroleum gas (LPG)."


http://us.en.vivanews.com/news/read/291541-fishermen-will-still-get-fuel-subsidies

http://www.thejakartapost.com/news/2012/03/01/youth-organization-criticizes-government-s-fuel-policy.html

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