Intellasia News Services -- Indonesia ups inflation, subsidies in 2010 budget

Indonesia ups inflation, subsidies in 2010 budget
Source: 10-MAR-2010 Intellasia | Reuters
10 Mar, 2010 - 7:05:00 AM
Indonesia plans to increase subsidised electricity tariffs by about 15 percent by July, Finance minister Sri Mulyani Indrawati said on Monday.

Electricity subsidies would increase to 54.5 trillion rupiah ($5.94 billion) from 37.8 trillion rupiah for this year's budget, Indrawati said.

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