Chairul Tanjung: New Govt to Increase Subsidized Fuel Price

Translator

Editor

Sabtu, 18 Oktober 2014 12:52 WIB

TEMPO.CO, Jakarta - Coordinating Minister for the Economy Chairul Tanjung said that he had received information from the new government about the plan to raise the price of subsidized fuel.


“By God’s willing, the plan will be implemented in November this year,” Chairul said in Jakarta, Friday, October 18, 2014.


According to Chairul, with the increase of subsidized fuel price, the quota of fuel for this year will be adequate because demand for fuel is expected to decrease.


In the meantime, the National Economic Committee (KEN) has recommended the increase of subsidized fuel price to at least Rp3,000 per liter and also recommended the policy to be implemented this year.


“It is very likely for the government to increase the price this year. Next year, the government has to face the House of Representatives (DPRD) first and the House not given its full support for Jokowi’s government,” said Raden Pardeded, KEN Deputy Chairman.



TRI ARTINING PUTRI




Fuel PricesChairul Tanjung

Related News

Thousands of Farmers to Stage Protest Demanding Agrarian Reform

23 September 2022

Thousands of Farmers to Stage Protest Demanding Agrarian Reform

The Labor Party president Said Iqbal announces that thousands of farmers and laborers are set to stage a protest at the State Palace on Saturday.

Read More

Fuel Price Increase is the Govt's Last Option: Jokowi

4 September 2022

Fuel Price Increase is the Govt's Last Option: Jokowi

President Joko Widodo (Jokowi) stated that the decision to increase fuel prices in Indonesia was the government's last option.

Read More

Luhut Says Fuel Price to Certainly Increase in Near Future

4 September 2022

Luhut Says Fuel Price to Certainly Increase in Near Future

Luhut Binsar Pandjaitan says the government affirmed that the subsidized fuel price would certainly increase in the near future.

Read More

Jokowi Announces Fuel Prices Hike; Labor Party Offers 3 Solutions

3 September 2022

Jokowi Announces Fuel Prices Hike; Labor Party Offers 3 Solutions

Labor Party offers three solutions as President Jokowi announces fuel prices hike on Saturday, September 3.

Read More

Indonesian Govt Officially Increases Fuel Prices, Pertalite Sold at Rp10,000 per Liter

3 September 2022

Indonesian Govt Officially Increases Fuel Prices, Pertalite Sold at Rp10,000 per Liter

President Jokowi, along with his ministries, officially announce the increase in fuel prices on Saturday, September 3, at the Merdeka Palace.

Read More

Police Deploy Members to Secure 613 Gas Stations Ahead of Fuel Prices Hike

2 September 2022

Police Deploy Members to Secure 613 Gas Stations Ahead of Fuel Prices Hike

Metro Jaya Police spokesman said policemen are deployed at gas stations ahead of the increase in fuel prices.

Read More

Bank Indonesia: Core Inflation Rate May Increase If Fuel Prices Increase

2 September 2022

Bank Indonesia: Core Inflation Rate May Increase If Fuel Prices Increase

Bank Indonesia or BI predicted that the core inflation rate will increase due to rising food prices and the hike in subsidized fuel prices.

Read More

Jokowi to Receive Report on Fuel Price Adjustments

2 September 2022

Jokowi to Receive Report on Fuel Price Adjustments

President Jokowi assured the government is currently in the process of calculating the adjustment of subsidized fuel prices.

Read More

Indonesia's Fuel Prices Cheaper than Southeast Asian Countries; Here's the Fact

1 September 2022

Indonesia's Fuel Prices Cheaper than Southeast Asian Countries; Here's the Fact

Minister Airlangga Hartarto claims that fuel prices in Indonesia are relatively cheaper than in some Southeast Asia countries. Check out the fact.

Read More

Jokowi Says Fuel Price Hike Still Being Calculated

1 September 2022

Jokowi Says Fuel Price Hike Still Being Calculated

President Jokowi is reluctant to talk much about the plan to increase the price of subsidized fuels, Pertalite and Solar.

Read More

Recomended