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Indonesians protest the IMF.

By Rachel Rinaldo

Jakarta, Indonesia—Mass protests filled the streets of Jakarta in January, as thousands of demonstrators loudly rejected the Indonesian government’s plan to phase out subsidies on utility rates. On January 1, President Megawati Sukarnoputri’s government introduced major increases in the prices of fuel, electricity and telephone rates. The hikes were part of economic reforms backed by the International Monetary Fund and… return to article

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