JAKARTA (Reuters) - Indonesia's President-elect Joko Widodo plans to order the steepest rise in subsidised fuel prices in nine years soon after he takes over the reins of Southeast Asia's largest economy, an adviser told Reuters on Friday.
The new minority coalition government will be taking a highly unpopular step as Widodo, due to be sworn in on Monday, has to urgently address Indonesia's biggest fiscal problem - a $23 billion (14.29 billion pound) fuel subsidy bill.
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