No Change in Fuel Price in August: Gov't
1 August 2015 19:58 WIB
TEMPO.CO, Jakarta - The government has decided not to change the price of fuel starting August 2015, reports said Saturday, August 1, 2015.
“I have signed a notification letter sent to the Coordinating Minister for the Economy that there will not be any change in the price of fuel (this August),” said the Minister of Energy and Mineral Resources Sudirman Said in Jakarta on Friday.
Earlier, it was reported that the government planned to raise the price of fuel based on the result of a study done by Directorate General of Oil and Natural Gas.
However, Sudirman said that the plan was cancelled because the government wanted to keep the stability of fuel price, which was changed four times in 2015.
Sudirman further said that the Ministry would officially announce the scheme of the adjustment of price in November 2015 to see and learn the pattern of both the increasing and lowering of fuel price in one year.
"November will be a year after the subsidy policy resolved. By then the we can see the trends. Perhaps now, we will review the price every six months," he said.
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