Ministry of Energy and Mineral Resources Claims Right Target Energy Subsidy Policy, Guarantee the Price Does not Increase
By : Hariyanto And Aldo Bella Putra | Monday, May 07 2018 - 17:00 IWST
INDUSTRY co.id - Jakarta - In the last 3 years (2015-2017) the total energy subsidy is Rp. 323 trillion or 66% lower than 3 years earlier which amounted to Rp. 958 trillion (2012-2014).
In contrast, the budget for infrastructure, education and health has increased significantly. Since 2015 the number is always above Rp. 700 trillion, even in 2018 is allocated for Rp. 965 trillion. In previous years the budget was below Rp. 600 trillion.
"The state budget must be maintained, energy subsidies are made more targeted, so more productive spending such as infrastructure, education and health can have a much larger portion," said Agung Pribadi, Head of Communications, Public Information and Cooperation Services, Ministry of Energy and Mineral Resources (ESDM).
Energy subsidies consist of subsidized fuel, LPG and electricity. Since 2015, subsidized fuel types are only Solar and Kerosene, while Premium is no longer subsidized by the state budget.
However, the price of Premium type fuel (Type of Special Fuel Assignment) and Solar has never increased since April 2015. At that price of Premium is Rp. 7,300 and Solar Rp. 6,900 per liter.
Premium fuel per January 5, 2016 even the price dropped from Rp. 7,300 to Rp. 6,950 per liter. Then on April 1, 2016 down again to Rp. 6,450 per liter which is valid until and until 2019 is also assured not to rise.
Similarly, with the type of fuel Solar per October 10, 2015 the price actually dropped from Rp. 6,900 to 6,700 per liter. Then as of January 5, 2016 also fell to Rp. 5,650 per liter and 1 April 2016 down again to Rp. 5,150 per liter and remains to this day. Until 2019 Solar also no increase. As for kerosene has never been there to rise since 2008.
"It's been 3 years and more, no increase in Premium, Solar and Kerosene Fuel, until 2019 also will not rise, electricity tariffs are also not rising.That is in order to improve economic and social stability and maintain public purchasing power," added Agung .
Read Also
The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant…
Pertamina Hulu Rokan expounds on wetland innovations at COP28
Pertamina reaffirms its commitment to net zero emissions by 2060
President Jokowi Inaugurates Tangguh Train 3 Project in Teluk Bintuni…
MMA Offshore Automates Onboarding With Boomi
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…
News Comment