The World Bank said the Indonesian government should cut fuel subsidies as they have not helped the poor. Instead, the subsidies have encouraged the growth of smuggling from Indonesia to overseas markets. World Bank senior economist for Indonesia Jehan Arulpragasam recently told the Jakarta Post that the rationale behind the subsidies was questionable as,…
INDONESIA: World Bank says fuel subsidy has not helped poor
Posted on November 29, 2004 by EnergyAsia