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Lower oil prices in 2015 and the impact on Indonesia- president Widodo is able to remove costly fuel subsidies and increase investment in healthcare and education
01/17/2015
Costly fuel subsidies in Indonesia took up more of the budget than investment in education and healthcare. Before the drop in oil prices other governments tried but failed to remove fuel subsidies. Indonesia has a chronic problem for underinvestment in infrastructure, education and healthcare services.
Grouped Articles
For Indonesians, President’s Political Outsider Status Loses Its Luster
New York Times 01.17.2015
Indonesia Pushes Overhaul of State Firms as Key to Growth
Wall Street Journal 04.21.2015
U.S. Oil Prices Hit Fresh Six-Year Low, Dipping Below $40 a Barrel
Wall Street Journal 08.23.2015
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