#fuel subsidy

Collection of fuel subsidy news, found 251 news.

Govt optimistic about achieving 7 percent economic growth in 2017

Finance Minister Bambang Brodojonegoro is optimistic that the government can achieve 7 percent economic growth in 2017 ...

Govt to introduce fixed fuel subsidy

The government is planning to introduce a fixed fuel subsidy so that world price fluctuations will not affect the ...

BI maintains reference rate at 7.75 percent

Bank Indonesias (BI) board of governors decided to keep its reference rate at 7.75 percent, while the Lending Facility ...

BI predicts downward trend in economic growth

Bank Indonesia (BI) has forecast that the countrys economic growth in 2015 will show a downward trend, even lower than ...

Pertamax consumption up by 137 percent after fuel price hikes

Consumption of non-subsidized gasoline pertamax has increased by some 137 percent since the subsidized fuel price ...

Govt to reduce budget deficit to below two percent

The government aims to curtail the deficit in the 2015 revised budget to below two percent of the gross domestic ...

Fuel price hike to encourage foreign investment: Ex finance minister

The recent rise in the prices of subsidized fuels will indirectly encourage foreign investors to invest in Indonesia, ...

Legislators proceed with attempt to question president

The governments decision to raise the prices of subsidized fuels when the world crude price is on the decline has led ...

Senior minister hopes Organda to cancel nationwide strike

Coordinating Minister for Economic Affairs Sofyan Djalil will communicate with the Organization of Land Transportation ...

Indonesian govt must divert fuel subsidy transparently: Analyst

The decision to hike the prices of subsidized fuels can win public support if the government promises to divert the ...

Bank Indonesia increases BI rate to offset fuel price hike

Reacting to the subsidized fuel price hike, Bank Indonesia decided Tuesday to increase the BI Rate by 25 bps to 7.75 ...

Subsidized fuel price hike will revive economic condition: Indonesian chamber

The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Suryo Bambang Sulisto, said that the ...

Indonesian govt considered global oil prices to set subsidized fuel prices

The government considered the US dollar exchange rate and international oil prices before increasing the prices of ...

Transportation tariff increases 10 percent following fuel price hike: Minister

Public transportation fares will go up by 10 percent starting November 18 following the governments recent move of ...

Indonesia fuel subsidies diverted for public welfare

The government of President Joko Widodo and Vice President M. Jusuf Kalla finally decided to raise the price of ...