Indonesian Political, Business & Finance News

People suffer more

| Source: MEDIA INDONESIA

People suffer more

From Media Indonesia

Some circles in society agree with the increase in fuel prices because it provides a compensation fund for the poor, while others are against it because the people will be further burdened.

An examination of the impact of the fuel price hike shows that mall owners and businessmen are not adversely affected, because they can promptly raise their rental rates and prices of goods. Rich car owners bear no great burden either, because their income and savings are large enough.

Meanwhile, public transportation fares and the prices of necessities are rising, so that ordinary people with a lower income have to pay more. The compensation fund has no significance because its value is far smaller than the price rise. It is virtually a means to cheat the people.

SYAMSURIZAL Bukittinggi, West Sumatra

View JSON | Print