Budi95 a springboard for subsidy rationalisation


WHEN the Budi95 targeted subsidy for RON95 petrol was unveiled, many were quick to call it a step backwards; the government was backtracking on its promise of fiscal discipline.

But look closer and you’ll see that this is the beginning of a cascade that could transform how subsidy rationalisation will be handled from now on.

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Subsidy reform; Budi95

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