VOA标准英语2015--Amid Slumping Global Oil Prices, Indonesia's Fuel Subsidy Cut Pays Off

Amid Slumping¹ Global Oil Prices, Indonesia's Fuel Subsidy² Cut Pays Off

JAKARTA—

At the beginning of this year, Indonesian President Joko Widodo cut long-standing government-funded fuel subsidies³.

In the past, protests and even riots have followed price increases, but this time plummeting⁴ global oil prices have softened⁵ the impact.

So far, many customers at this state-owned Pertamina gas station in Jakarta support the government decision to end fuel subsidies. But the cost of gasoline at the pump has increased only slightly because world oil prices have plummeted⁶.

If prices rise significantly, some like Mieke Kusuma will object.

“For the next future for our government [it is] better [to] keep the low price for our people,” said Kusuma.

Pricecuts not across the board

Others like Erwin Suherwin are skeptical⁷ about letting the market set the price, especially while energy costs decrease as food costs continue to rise. “It should be followed by the prices of goods going down too," he said. "The gas price is already down but other prices are not. It’s difficult for people to accept that.”

Sales of new cars at the Auto⁸ 2000 Toyota dealership⁹ in East Jakarta have slowed recently. Branch Manager Biyouzmal attributes the drop off to public anxiety over the elimination¹⁰ of subsidies. "There is an impact from the subsidy cut, especially to the sales of vehicles with big engines like the 2,000 cc engine and above," he noted¹¹. "But I believe this is just temporary, this decrease by about 10 percent.”

In the long run, business leaders say Widodo's decision to reduce subsidy expenses from more than 13 percent of the budget to one percent will significantly improve the economy.

Cost savings¹² benefit others

According to Sofjan Wanandi, an adviser¹³ to Vice¹⁴ President Jusuf Kalla and former chairman of the Indonesian Employers Association, the president's willingness to make bold policy decisions bodes¹⁵ well for the country's future.

“We consider as businessmen, international and domestic, [the fact] that [Widodo] even dared to make a difficult decision," he said. "That is something good that we showed — that, one by one, he is willing to do some things good for the economy of this country.”

Wanandi also says the government is using funds that were designated for subsidies to improve transportation and build new power plants to attract more international investment.

And low-income residents are receiving increased benefits such as highly subsidized care at government run medical clinics and hospitals.

So the president's bold move appears to be paying dividends¹⁶, for both Indonesia's people and its economy, as long as the price of oil remains¹⁷ low.

1 slumping   

大幅度下降，暴跌( slump的现在分词 )； 沉重或突然地落下[倒下]

参考例句：

• Hong Kong's slumping economy also caused a rise in bankruptcy applications. 香港经济低迷，破产申请个案随之上升。
• And as with slumping, over-arching can also be a simple postural habit. 就像弯腰驼背，过度挺直也可能只是一种习惯性姿势。

2 subsidy   

n.补助金，津贴

参考例句：

• The university will receive a subsidy for research in artificial intelligence.那个大学将得到一笔人工智能研究的补助费。
• The living subsidy for senior expert's family is included in the remuneration.报酬已包含高级专家家人的生活补贴。

3 subsidies   

n.补贴，津贴，补助金( subsidy的名词复数 )

参考例句：

• European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
• Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》

4 plummeting   

v.垂直落下，骤然跌落( plummet的现在分词 )

参考例句：

• Prices are rising, falling, going up, going down, shooting up, plummeting, etc. 物价在上涨、下跌、上升、下落、猛然上涨、骤然下跌等。 来自辞典例句
• The enemy plane went plummeting into the sea. 敌机直直掉进海里。 来自辞典例句

5 softened   

（使）变软( soften的过去式和过去分词 )； 缓解打击； 缓和； 安慰

参考例句：

• His smile softened slightly. 他的微笑稍柔和了些。
• The ice cream softened and began to melt. 冰淇淋开始变软并开始融化。

6 plummeted   

v.垂直落下，骤然跌落( plummet的过去式和过去分词 )

参考例句：

• Share prices plummeted to an all-time low. 股票价格暴跌到历史最低点。
• A plane plummeted to earth. 一架飞机一头栽向地面。 来自《简明英汉词典》

7 skeptical   

adj.怀疑的，多疑的

参考例句：

• Others here are more skeptical about the chances for justice being done.这里的其他人更为怀疑正义能否得到伸张。
• Her look was skeptical and resigned.她的表情是将信将疑而又无可奈何。

8 auto   

n.(=automobile)(口语)汽车

参考例句：

• Don't park your auto here.别把你的汽车停在这儿。
• The auto industry has brought many people to Detroit.汽车工业把许多人吸引到了底特律。

9 dealership   

n.商品特许经销处

参考例句：

• The car dealership has a large inventory of used cars. 这家汽车经销商拥有数量庞大的二手车。
• A key to this effort is the experience in the dealership. 达到这个成果的关键是销售的体验。

10 elimination   

n.排除，消除，消灭

参考例句：

• Their elimination from the competition was a great surprise.他们在比赛中遭到淘汰是个很大的意外。
• I was eliminated from the 400 metres in the semi-finals.我在400米半决赛中被淘汰。

11 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

12 savings   

n.存款，储蓄

参考例句：

• I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
• By this time he had used up all his savings.到这时，他的存款已全部用完。

13 adviser   

n.劝告者，顾问

参考例句：

• They employed me as an adviser.他们聘请我当顾问。
• Our department has engaged a foreign teacher as phonetic adviser.我们系已经聘请了一位外籍老师作为语音顾问。

14 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

15 bodes   

v.预示，预告，预言( bode的第三人称单数 )；等待，停留( bide的过去分词 )；居住；（过去式用bided）等待

参考例句：

• This bodes ill for the failure of the programme. 这是那项计划有凶兆。 来自《现代汉英综合大词典》
• This bodes him no good. 这对他是不祥之兆。 来自《现代英汉综合大词典》

16 dividends   

红利( dividend的名词复数 )； 股息； 被除数； （足球彩票的）彩金

参考例句：

• Nothing pays richer dividends than magnanimity. 没有什么比宽宏大量更能得到厚报。
• Their decision five years ago to computerise the company is now paying dividends. 五年前他们作出的使公司电脑化的决定现在正产生出效益。

17 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。