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Fuel Price Increase: Heavy Burden for All
Our concerns are how to build efficient governance in fuel management, from production and procurement to distribution, so that fuel subsidies are truly received by those in need.
The government has recently increased the prices of subsidized fuel. As in the past, the price-cap increase has drawn public outcry, especially from students, workers and households.
I am not sure this will be the last time such a policy will be pursued because, unlike in many other countries that leave it to the market to respond, the prices for some types of fuel are regulated by the government.