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fuel prices
Switching to an electric vehicle does not necessarily mean you have to buy an electric car right away. Riding an electric scooter can be a bridge to a green-energy lifestyle.
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Electric Scooter: Eccentric Vehicle for Short Distance Travel
Switching to an electric vehicle does not necessarily mean you have to buy an electric car right away. Riding an electric scooter can be a bridge to a green-energy lifestyle.
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Curbing the Inflation Rate
The poor and vulnerable people spend most of their income on basic needs, especially food. Transportation costs that also move up, along with rising fuel prices, also erode purchasing power.
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Precise Strategy Needed to Tame Inflation
The increase in fuel prices is expected to erode economic growth this year by 0.28 percentage points to 4.89 percent. Efforts to reduce the impact of price increases are needed so that the burden on society is reduced.
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Producers and Traders Trying to Cope with Fuel Price Increase
The government finally announced the price hike for subsidized fuels on Saturday (3/9) after the planned hike drew pros and cons from the public in the last few weeks.
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Well-Targeted Subsidies should Become the Government's Focus
To maintain the function of the state budget as an economic shock absorber in a sustainable manner, policy makers need to adjust fuel prices while making sure that subsidized fuel reaches targeted recipients.
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Govt to Provide Social Assistance to Maintain Buying Power
The government will spend up to Rp 2.17 trillion (US$141 million) to finance three types of social assistance to help maintain the buying power of the people affected by the increase in the price of goods.
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Fuel Price Hike and Social Protection
The success of managing the reduction of fuel subsidies cannot be separated from effective public communication. Delivering the right message to all parties, including those who will be affected, must continue.
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Raising Interest Rates, BI Steps on the Brakes Early
Bank Indonesia has decided to raise interest rates early as a preemptive measure to cope with inflation in the event of an increase in fuel and food prices.
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