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President SBY: Indonesia Still Needs Fuel Subsidies
TEMPO Interactive, Jakarta:President Susilo Bambang Yudhoyono has confirmed that Indonesia still needed to apply the policy to provide [fuel] subsidies to help the needy people. "I'll be responsible. I am ready to tell the G20 friends that the subsidies are intended for the very poor people. Therefore, we have to do so," said Yudhoyono during the flight heading for the G20 meeting Saturday, June 16, 2012 as quoted from the Republic of Indonesia President's website. Yudhoyono disclosed that the subsidy policy was often criticized by other states in foreign meetings. He said the ever improving economic growth and development would not mean much if there are still groups of poor people facing problems and they are not helped by the state. Most importantly, he said that the subsidies should reach the desired targets. "We have to reduce the improper subsidies," he said. Becaus the subsidies, not reaching the right targets, could reduce state budgets to build infrastructure, education and health facilities. In addition to the subsidy issues, Indonesia was often criticized in regard to investment climate and infrastructure. These three things would be collectively evaluated in the G20 meetings. He said Indonesia was determined to improve the investment climate. "Despite criticism, this becomes homework which we should do," said the President. GUSTIDHA BUDIARTIE

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