Thursday, 21 August 2014

Morning Mumble: (I am back) Important changes for Indonesia (Subianto appeal denied BBC)

BBC Subianto appeal denied as Indonesia court backs Widodo win. Has significance on a number of levels, from fuel duty/subsidies to the mining policy. Where the revenues and Smelter Bond/Royalties could be utilised to fund Jokowi's Social Welfare Reforms.

Coup? I suspect not...

Atb Fraser

1 comment:

  1. Fraser- welcome back- Yes- Good news re the election confirmation for the people of Indonesian but it remains to be seen what one good man can achieve against the endemic levels of corruption that he will be up against. The fuel subsidy is now seen as a right by many, but unless he can tackle it, the numbers looks he wont be able to reform very much at all. The position re CHL looks much more positive re an out of court settlement, after the documents have been verified in due course. Plus he can legitimately blame the previous incumbents and their sidekicks.

    Cheers. The Leggie

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