Jakarta—The energy subsidies and compensation budget for 2024 will reach Rp386.9 trillion. Deputy Finance Minister Suahasil Nazara, in a press conference on the 2024 State
Jakarta—Minister of Investment Bahlil Lahadalia stated that Indonesia spends up to IDR 500 trillion in foreign exchange each year just to meet the needs of
Jakarta – The government and Commission VII of the House of Representatives have agreed on a subsidised fuel volume allocation for 2025 of 19.41 million
Jakarta – Through the 2025 Draft State Budget (RAPBN), the government has prepared a budget allocation of Rp394.3 trillion for energy subsidies and compensation. This
Jakarta—The Indonesian government has allocated IDR 569.3 trillion from the State Budget (APBN) from 2016 to 2022 to support climate change and energy transition policies,
Jakarta—Until May 2024, the Ministry of Energy and Mineral Resources (EMR) strictly monitored the distribution and filling of 3-kg LPG cylinders, reducing subsidy payments to
Jakarta—The government is considering cutting energy subsidies by Rp 67.1 trillion by 2025. This step is taken to improve budget efficiency and not solely to
Jakarta – The government plans to reduce the energy subsidy budget, especially for fuel oil (BBM), by 2025. This reduction has raised concerns in the
Jakarta – The government cut the energy subsidy budget in the 2024 Draft State Budget by 6.3% from IDR 357 trillion (USD 23.3 billion) in
Jakarta – The Institute for Development of Economics and Finance (INDEF) encourages the government to immediately transform energy subsidy policies to be more targeted and
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