Indonesia aims to hike electricity prices 10-15 pct in 2012

JAKARTA | Thu May 12, 2011 7:01am EDT

JAKARTA May 12 (Reuters) - Indonesia's Finance Minister Agus Martowardojo said on Thursday the government is aiming to increase electricity tariffs between 10 to 15 percent next year, a move that would add to inflationary pressures in Southeast Asia's top economy.

Raising the electricity tarriff in the past has usually required approval of the country's parliament. (Writing by Olivia Rondonuwu; Editing by Neil Chatterjee)

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