Jokowi to Regional Leaders: Use Regional Budget to Control Inflation
The fuel price hike could contribute up to 1.8 percent to inflation, and therefore, efforts must be taken to prevent an inflation surge.
JAKARTA, KOMPAS.com \- President Joko “Jokowi” Widodo has ordered regional leaders to set aside a portion of their regional budget for measures to control the inflation triggered by the recent hike in subsidized fuel prices. “I urge governors, district heads, and mayors to ensure regions collaborate with the central government, just like how we collaborate in addressing the Covid-19 pandemic. I believe, God willing, we can do this to control the inflation from surpassing the 5-percent level,” State News Antara quoted Jokowi during a meeting on inflation control at the State Palace on Monday, S...