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madokafc @
MarveL @
Indos
That Vietcong says Chinese media is insulting Indonesia lol
"Cutting fuel subsidies is very sensitive, the previous presidents are very mindful and always leave the 'bomb' to their successors," Pande Raja Silalahi, a senior economist at the Jakarta-based think tank Center for Strategic and International Studies (CSIS) told Xinhua on Wednesday.
Given Indonesia's poor infrastructure, lagging education system, rampant corruption and slowing economy, Jokowi's honeymoon period as a new president will be very short, his administration needs to cut the costly fuel subsidies as soon as possible and wisely allocate the budget to address these problems, Pande said.
Growth of the G20 economy has slowed down to 5.21 percent in the first quarter this year, the weakest pace since 2009, and has never passed a pace of 7 percent on an annual basis since the 1997 Asian financial crisis. U.S.-based World Bank has predicted Indonesia's full year economic growth at 5.2 percent.
"If the controversial fuel subsidies could not be cut, the longer Jokow's shopping list of reform is, a stronger headache he will feel," Pande said.
Perhaps that Vietcong is blind but these are the words are coming from Pande Raja Silalahi. Doesn't sound like Chinese to me