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Govt to restrict Pertalite subsidies for upper deciles in phases
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ANTARA News - Latest Indonesia News
Govt to restrict Pertalite subsidies for upper deciles in phasesRelated news: Indonesia mulls subsidies to curb rising plastic costsRelated news: Indonesia to keep subsidized fuel prices unchangedJakarta (ANTARA) - The government plans to phase in restrictions on subsidized fuel, specifically Pertalite, targeting high-income households to safeguard the State Budget (APBN) amid global oil market volatility, Finance Minister Purbaya Yudhi Sadewa stated.
"Maybe it is in deciles 9 and 10, so that in a few months we can reduce it gradually.
The ESDM Ministry makes a substantial contribution to non-tax state revenue, so we discussed strategies there.
We must remain vigilant to safeguard our State Budget," Purbaya added.ESDM Minister Bahlil Lahadalia stated that restructuring energy distribution is urgent as hundreds of trillions of rupiah in state energy subsidies continue to be misallocated toward wealthy households.
"Earlier, we discussed the subsidy pattern so that it is right on target," Bahlil said, adding that establishing an accurate distribution system remains a top priority for both ministries.