KANUPRIYA KAPOOR AND MICHAEL TAYLOR

Exclusive: Indonesia's new president plans steep fuel price rises next month
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Exclusive: Indonesia's new president plans steep fuel price rises next month

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

By KANUPRIYA KAPOOR AND MICHAEL TAYLOR

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