Wednesday, 23 July 2008

Government prepares budget scenarios

President Susilo Bambang Yudhoyono has said that the government is preparing action options to anticipate world oil price increases heading towards US$100 per barrel, especially as regards the impacts on the budget. If oil prices are uncontrolled, he said, the government will take significant action at the appropriate time. However, the president emphasized again that there would not be any fuel price increase next year even if the world oil prices continue to soar up to US$100 per barrel.(http://www.tempointeraktif.com/hg/ekbis/2007/11/08/brk,20071108-111109,uk.html

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