When Enough is Enough
Monday, 11 April 2022
The government is retaining subsidies for Pertalite gasoline. This puts huge pressure on Pertamina and the state budget.
SOARING global oil prices should make President Jokowi realize that Indonesia faces a crisis. It is wrong to maintain a policy of using state funds to support the price of fuel. The government now only has two choices: limit the consumption of fuel or increase the price to the market level.
Retaining the compensation scheme, to avoid using the word “subsidies,” for Pertalite gasoline is a policy with high risks. The proof of this is...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
To receive daily news by Email, Sign up for Tempo ID.