20.10.2014 - 13:03 [ Guardian ]

Joko Widodo takes office with plans for economic growth and political clout

A showdown could come as early as next month if Widodo sticks to his reported plan to cut government petrol and diesel fuel subsidies by almost half in order to meet budget deficit reduction targets. The subsidies currently cost the state about $23bn, which it can barely afford at a time of slowing economic growth.