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| Indonesia to cut budget deficit to ease bond sales |
| Published: May 4, 2008, 9:56 pm |
| Tags: News, Indonesia News, Indonesia To Cut Budget Deficit To Ease Bond Sales |
| May 4 (Reuters) - Indonesia will reduce its budget deficit by cutting fuel subsidies ahead of planned global bond sales this year worth around $12 billion, a senior finance ministry official said on Sunday. Fuel and electricity subsidies of $20.5 billion this year are hampering Indonesia’s efforts to raise money on the global |
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