Group items tagged

$23 billion in 2013

$20 billion last year

$32 billion

20 percent of the 2013 budget

fuel subsidies annually than it does on social programs and capital expenditures combined

revive a cash compensation program for poor families to cushion the blow

all other prices go up

two-tier gasoline pricing

public transportation vehicles would continue to pay 4,500 rupiah per liter

private vehicle and commercial vehicles like delivery trucks and company cars would pay 6,000 rupiah, a 33 percent increase.

6,500 rupiah per liter.

the country had the lowest fuel prices of any net oil-consuming nation in the world

Savings from eliminating or reducing a fuel subsidy could go to crucial public social programs including health care, as well as much-needed infrastructure investment, according to analysts

Ms. Natalia

About 29 million Indonesians live below the country’s national poverty line — 250,000 rupiah per person per month or 1,250,000 rupiah per family per month, and in urban areas, 350,000 rupiah per person per month or 1,500,000 rupiah per family per month. A further 70 million, categorized as near poor, live just above that line. Didik Rachbini, a prominent economist and member of Mr. Yudhoyono’s National Economic Council, which comprises economists and leading businessmen and advises the president on economic policy, said the government had a longstanding fear that increasing the price of fuel would push tens of millions of near-poor Indonesians below the poverty line.

country’s rich benefit from them far more than its poor do

Japan's exports fell for the fifth straight month in July as the country contends with a strong yen and the ongoing impact of the March earthquake and tsunami.

Japan's exports f