JAKARTA - The House of Representatives, through a dramatic voting process, agreed on early Saturday to revise the 2012 state budget, which includes a contentious article allowing the government to increase subsidized fuel prices within six months if the Indonesia Crude Price (ICP) is 15 percent higher than assumed in the state budget.
As many as 356 lawmakers voted to pass the bill while 82 House members were against it. The other 93 lawmakers from the People’s Conscience Party (Hanura) and the Indonesian Democratic Party of Struggle (PDI-P) walked out just before the voting process started. The decision means there will be no immediate subsidized fuel price increase.
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JAKARTA - The House of Representatives, through a dramatic voting process, agreed on early Saturday to revise the 2012 state budget, which includes a contentious article allowing the government to increase subsidized fuel prices within six months if the Indonesia Crude Price (ICP) is 15 percent higher than assumed in the state budget.
