Ministers to assess Pertalite price adjustment for 1-2 days

It affects the lives of many people…

Jakarta (ANTARA) – Onward Indonesia cabinet ministers will assess the Pertalite subsidized fuel price review plan for the next one or two days before reporting back to President Joko Widodo (Jokowi).

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, conveyed the information during a press conference at the presidential office here on Wednesday.

Currently, the government is preparing a number of programs regarding price adjustment so that the consumption of subsidized fuel does not exceed the maximum fuel allowance determined in the 2022 State Budget (APBN).

Currently, only 6 million kiloliters remain of the 23 million kiloliter Pertalite subsidy quota. Based on the remaining quota, the government estimated that the subsidized fuel would run out in October 2022.

By August 2022, the government had disbursed Rs 208.9 trillion in energy subsidies and Rs 293.5 trillion in energy offsets.

Earlier, Finance Minister Sri Mulyani Indrawati said there were three options to solve the problem, namely controlling fuel consumption, increasing the energy subsidy budget ceiling to Rs 698 trillion or raising the price of fuel. fuel.

If the government increases the energy subsidy, the burden on the state revenue and expenditure budget will become higher, as the energy subsidy will be increased three times from the initial allocation of Rs 158 trillion, she noted.

President Widodo instructed the ministers to decide and carefully calculate the price adjustment so that it does not suppress the purchasing power of the people and the national economic growth.

“It concerns the lives of many people, so everything must be decided carefully, the impact must be calculated so as not to reduce people’s purchasing power and household consumption,” he said.

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Eleanor C. William