Indonesia to Lower Energy Subsidy

Indonesia to Lower Energy SubsidyIndonesia to Lower Energy Subsidy

Indonesia's government is set to spend 1.6% less on energy subsidies next year, parliament's budgetary committee said on Monday. The finance ministry and budgetary committee agreed on energy subsidies of 344.7 trillion rupiah ($28.8b) in 2015, down from 350.3 trillion rupiah this year, Reuters reported.