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Indonesia to shift US$1.6 bln portion of fuel subsidy budget to welfare programmes

Indonesia to shift US$1.6 bln portion of fuel subsidy budget to welfare programmes

JAKARTA, Aug 30 — Indonesia will reallocate 24.17 trillion rupiah (US$1.62 billion), or nearly 5 per cent, of its fuel subsidy budget to social spending, including cash handouts to 20.65 million households, its finance minister said on Monday.

Editor Selangor Journal
30 Aug 2022
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