Economic news
Indonesia president says govt is still determining who will get fuel subsidies
2022.08.18 05:17
FILE PHOTO: Indonesian President Joko Widodo attends a joint news conference with Russian President Vladimir Putin following their meeting in Moscow, Russia June 30, 2022. Alexander Zemlianichenko/Pool via REUTERS
JAKARTA (Reuters) – Indonesia is still in the process of determining who is eligible to receive fuel subsidies, President Joko Widodo said in an interview with CNBC Indonesia TV on Thursday.
Restricting the recipients who get fuel subsidies has been discussed as a way to control the ballooning energy subsidies in Southeast Asia’s biggest economy.