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.

    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


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