Polemic about fuel price in Indonesia again on the show, after consumer spending has fall drastically. Its Predicted that government policy to remove fuel subsidies had major setback in economic. Even followed by massive job cut, therefore is not doubt down the economic.
Government variously tries hard to push again the economics which is slow by its own policy effect. Unluckily government has done less productive policy, with accession fuel price while world oil price down. Its reason is to avoid pressure on financially burden fuel subsidies, the thing that coincident with the wrong moment.
Practically economic deterioration as the result of this blunder, if government could be patience, maybe economic condition doesn't deteriorate as present. There is domino effect which is hard to be controlled by fuel subsidy deletion. The result became worst as economics down and stagnant.
Now government is struggle to arouse economics already been wrecked its own. A bungled thing, pivot on problem that be made by their selves. One of discourse which is adjusted back fuel price.
Government hopes fuel price decrease will be in the next economic policy part 3. Somehow maybe is too late or difficult to expect the result. The problem is its condition was already very bad, also usually goods price won't shortly be down by adjusting fuel price.
Usually goods price will quickly ascend while fuel price is accessioned, even goes away the day before fuel price gets on, all price was rising early. This condition of in contrast to while fuel price is downed, goods price will downwards be hard. Need time or even many months to get the result of fuel price decrease.
Many believe that adjusting fuel price just a politically motivated, ambiguous action because difficult to find formula for speeding up economy already jaded. Government doesn't want so-called crisis, and believe deceleration of economy by effect of external factor. Eventually without pressure from external factor, economic condition was slow after fuel subsidy deletion.
Whatever policy by government to speed up the economics will be hard to achieve. This is because domino effect of fuel subsidy deletion was very bad, as massive job cut was on the rise and it is difficult by adjusting fuel price. Need policy that comprehensive to lift consumer power spending, including re create new employment.