Widodo Committed to Curb Indonesia Fuel Subsidy After Rebuff

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The incoming Indonesian government of Joko Widodo remains committed to reducing the country’s fuel-subsidy program, after outgoing President Susilo Bambang Yudhoyono rejected his request to scale it back.

President-elect Widodo, known as Jokowi, wants to divert the subsidy to farmers and fishermen, he said in Jakarta today. Legally, Jokowi could move to adjust fuel prices this year without needing parliamentary approval, Achmad Farial, deputy chairman of parliament’s energy commission, said today.