MOMENT

BUDGET
Energy Subsidy of Rp350 trillion

THE jump in the world crude oil price to US$140 per barrel has made the government really worried. Based on its calculations, energy subsidies next year will reach Rp350 trillion. According to Finance Minister Sri Mulyani Indrawati, oil subsidies will amount to Rp250 trillion and electricity between Rp80 trillion and Rp100 trillion. "This price jump is extremely burdensome," she said during a working meeting at

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.