JAKARTA, Sept 30: Indonesia, Southeast Asia’s largest sugar buyer, will cut sugar import tariffs by up to 55 per cent effective in November in a bid to ease inflationary pressure from higher domestic fuel prices, government officials said.
Chief economics minister Aburizal Bakrie told a news conference close to midnight that import tariffs on raw sugar would be reduced by 55 per cent to 250 rupiah per kg, while import tariffs on white sugar and refined sugar would be cut by 33 per cent to 790 rupiah per kg. —Reuters
