Indonesian Government plans to raise the prices of subsidized petroleum products, but the Minister swears the increase won't more than 30%.
He didn't mention when the government will announce the new prices.
He added the government will save IDR35 trillion ($3.8 billion) in fuel subsidies if it hikes the prices of subsidized gasoline, diesel fuel and kerosene.
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Indonesian Govn’t Swears Fuel Prices Won't Surpass 30%
Indonesian Government plans to raise the prices of subsidized petroleum products, but the Minister swears the increase won't more than 30%
