Subsidy cuts

Kompas – November 19, 2014
Subsidy cuts

While the government claims that the US$9 billion or so saved from the recent fuel (BBM) subsidy cuts will be allocated to much needed infrastructure, thereby compensating the poor who will bear the brunt high inflation, critics say most of the planned projects – new ports, dams, airports, industrial parks and roads – will primarily benefit big business and it will take years even decades before any benefits will be felt, if at all, by the poor.