#oil subsidy

Collection of oil subsidy news, found 99 news.

Government to lower subsidized diesel oil price

The government will lower the price of subsidized diesel oil from Rp6,400 to Rp6,200 per liter in mid-February 2015, ...

Government boosting biofuel development

The government is boosting the development of biofuels in a bid to substitute conventional fuels as the countrys ...

Indonesian government proposes crude price assumption at US$70 per barrel

The government has proposed the assumed price of Indonesian crude price (ICP) in the Revised 2015 State Budget at ...

Economic growth of 5.7 percent accords global conditions: BI

Governor of Bank Indonesia (BI) Agus Martowardojo said Indonesians economic growth assumption, which has just been ...

Govt, House agree to lower 2015 economic growth assumption

The government and Commission XI of the House of Representatives (DPR) have agreed to lower economic growth assumption ...

Rupiah appreciates to Rp12,574 against US dollar on Monday

Indonesias rupiah exchange rate strengthened by 56 basis points at the interbank trade on Monday afternoon to Rp12,574 ...

Indonesian oil subsidy set at Rp81 trillion in revised 2015 budget

The Indonesian government has set a fuel subsidy of only Rp81 trillion in the 2015 revised budget, down from Rp276 ...

Diesel fuel subsidy maintained to help economic activities: Indonesian minister

The Indonesian Chief Economic Minister Sofyan Djalil said here on Wednesday that the price of diesel fuel will ...

Indonesian government discusses oil subsidy scheme for 2015

The Indonesian government held a limited cabinet meeting here on Wednesday to discuss the oil subsidy scheme in ...

Fiscal room to be wider in 2015: Finance minister

Finance minister Bambang Brodjonegoro said fiscal room in 2015 would be wider because the government would boost tax ...

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 ...

Protests against fuel price hike continue in Solo

Protests against the governments plan to raise the prices of subsidized fuel oils continued in the Central Java city ...

Indonesian govt to divert fuel subsidy to productive sectors

The Indonesian government has decided to reallocate some Rp330 trillion of energy subsidy to productive sectors that ...

President Jokowi ready to face unpopularity over fuel policy

President Joko "Jokowi" Widodo said that he is ready to accept the unpopularity he might face due to his planned ...

President explains plans to divert fuel subsidy

Energy subsidy amounting to some Rp330 trillion, which burdens the state budget, will be diverted from this ...