Fadly Son Criticizes Fuel Price Increase
5 November 2014 16:16 WIB
TEMPO.CO, Jakarta - Deputy Speaker of the House of Representatives Fadly Zon, criticized the government's plan to increase fuel price, saying that "it should not happen."
He said that the policy is contradictory to current condition, given that global (crude) oil price actually drops at US$84 per barrel. The number is lower than that of last month, which was at US$ 95 per barrel. Fadli said that fuel price increase will be reasonable if global oil price increases by 10 percent.
As for the price, Fadli said that the Rp 3,000 price increase rumor will make fuel in Indonesia more expensive than in Singapore. "In Singapore, fuel is tagged at Rp 8,500 per liter," said Fadly. "This is ironic, given that Indonesian economic [condition] is still below Singapore."
Previously, Coordinating Minister of Economy Sofyan Djalil said that there is yet an exact date for fuel price hike, and that the amount of the increase is still a subject of discussion. However, he said that the price increase has been confirmed as President Joko Widodo decided to allocate the subsidy to productive sector, instead of consumptive.
ANDI RUSLI