Indonesia fuel prices rise with subsidy cut
Government hoping to save $10bn with decision but consumers worried over fuel-price increase by about a third.
Published On 18 Nov 2014
Indonesian President Joko Widodo has raised fuel prices by about a third, hoping that the decision will save the government $10bn in subsidies.
Soon after the announcement of the decision, people started queuing up at petrol stations across the capital, Jakarta.
Businesses have complained that the fuel-price rise could increase other expenses while their profits will remain the same.
Al Jazeera’s Step Vaessen reports from Jakarta.
Source: Al Jazeera