blog.indahnesia.com - Discover Indonesia Online

    
You are currently in > Just a blog about Indonesia > Govt unlikely to raise quota of subsidized fuel


Govt unlikely to raise quota of subsidized fuel JAKARTA - The government is unlikely to raise the subsidized fuel quota of 46 million kiloliters in the revised 2014 state budget even if the quota will be exceeded, Finance Minister Chatib Basri said. "No matter what happens, we have no other choice but to maintain the quota at 46 million kiloliters," he said here on Friday.

The government had anticipated the likelihood of subsidized fuel consumption exceeding the quota at the end of this year. However, the House of Representatives (DPR) have refused the inclusion of a clausal allowing the government to raise the quota, if needed, in the revised state budget law, he said.

"When I was at the DPR (to discuss the revised state budget), I exercised caution on the issue because it will pose a problem to the new government. That is why I made notes of objection that the current government has warned of the issue," he said.

Deputy Finance Minister Bambang Brodjonegoro meanwhile said the government had started reducing subsidized gasoline and diesel oil allocations to certain areas as part of the efforts to maintain the subsidized fuel quota at 46 million kiloliters.

"The allocations have been adjusted, so the eastern part of (Indonesia) will not run a shortage. The allocations for the eastern part will remain unchanged. The change will affect allocations in the western part, particularly Java, Sumatra, and Bali," he said.

State oil and gas PT Pertamina had earlier said it will reduce subsidized diesel oil and gasoline supplies to gasoline stations as of August 2014, so that the subsidized fuel quota will not exceed 46 million kiloliters.

Pertamina Marketing and Commercial Director Hanung Budya said on Thursday the company will reduce subsidized diesel oil and gasoline supplies to gasoline stations by 20 percent and 10 percent, respectively. Unless the measure is not taken, the subsidized diesel oil quota will be used up on November 30 and the subsidized gasoline quota on December 19, he said.


Related blog entries (category 'Economy') Related blog entries (category 'Economy'):
02 July 2014 · Mental revolution deemed effective in overtaking Singapore
01 July 2014 · 28.3 million Indonesians live in poverty
19 June 2014 · Indonesia refuses to sign tobaco control convention
17 June 2014 · House agrees to cut Bappenas budget by Rp46.47 billion
08 May 2014 · Bank Indonesia revises down economic growth target
05 May 2014 · No alcohol should be sold in warung

Related blog entries (category 'Economy') Tags: increase, subsidy, fuel, unlikely


Posted in Economy @ 18 July 2014 20:01 CET by Blog Bot · 'Blog' RSS feed · permalink






There are no reactions on this blog entry yet. Be the first one to give a reaction here!


Log in to write a reaction

You are not logged in to the website. You have to be logged in to write a reaction on this blog entry.

· If you already have an account, please login.
· If you have lost your password, please retrieve it.
· If you don't have an account yet, you can create one.

    
 ABOUT THIS ENTRY
Add this blog entry to your email, your own blog, MySpace, Facebook, or whatsoever via AddThis:
Bookmark and Share

e-mail updates for this blog article

Login if you want to receive emails for reactions on this blog entry. You will receive an update as soon as a reaction on this blog entry is posted.

Your website for tickets in Indonesia!
Looking for e-tickets for flights in Indonesia? Here's your solution! Order your e-tickets at ticketindonesia.info.
 FOLLOW US ON TWITTER
 BLOG ARCHIVE
· 2015, 28 entries
· 2014, 591 entries
· 2013, 750 entries
· 2012, 1061 entries
· 2011, 792 entries
· 2010, 644 entries
· 2009, 916 entries
· 2008, 504 entries
· 2007, 725 entries
· 2006, 1014 entries
· 2005, 723 entries
· 2004, 558 entries
· 2003, 525 entries
· 2002, 375 entries
· 2001, 162 entries
 POPULAR TAGS
· gigolo
· jakarta
· blogger
Automatically generated every hour
 BLOG CATEGORIES
· General (1205 entries)
· Economy (643 entries)
· Politics (574 entries)
· Accidents (561 entries)
· Terrorism (541 entries)
· Earthquake (539 entries)
· Volcanoes (387 entries)
· Crime (357 entries)
· Corruption (349 entries)
· Flooding (278 entries)
· Elections (276 entries)
· Travel (268 entries)
· Bird Flu (254 entries)
· Religion (242 entries)
· Tourism (239 entries)
· Oddly enough ... (219 entries)
· Violence (198 entries)
· Drugs (196 entries)
· Health (192 entries)
· Aceh conflict (191 entries)
· Environment (185 entries)
· Weather (171 entries)
· Military (168 entries)
· Protests (157 entries)
· Culture (106 entries)
· Garuda Indonesia (91 entries)
· C. Sulawesi conflict (86 entries)
· Human rights (82 entries)
· Forest fires (78 entries)
· Sidoarjo mudflow (71 entries)
· Power supply (64 entries)
· Ramadan (63 entries)
· PT Freeport (55 entries)
· Picture guess (48 entries)
· Maluku conflict (47 entries)
· Dengue Fever (37 entries)
· History (37 entries)
· Infrastructure (36 entries)
· Polio (35 entries)
· Mexican flu (35 entries)
· Website (25 entries)
· Media (22 entries)
· Nuclear power (21 entries)
· Sports (20 entries)
· Sexy (16 entries)
· SARS (15 entries)
· Nightlife (10 entries)
· Others (5 entries)
· Lippo Cikarang (5 entries)
· Close smallest categories
 EXCHANGE RATES
EUR-IDR: 15,983 · 15,984  The Rupiah rate declined since yesterday
@ 23 Nov 2017 15:11 CET
JPY-IDR: 121.40 · 121.42  The Rupiah rate declined since yesterday
@ 23 Nov 2017 13:21 CET
MYR-IDR: 3,285 · 3,286  The Rupiah rate declined since yesterday
@ 23 Nov 2017 13:19 CET
SGD-IDR: 10,022 · 10,025  The Rupiah rate improved since yesterday
@ 23 Nov 2017 15:42 CET
THB-IDR: 412.92 · 413.09  The Rupiah rate declined since yesterday
@ 23 Nov 2017 15:42 CET
USD-IDR: 13,498 · 13,499  The Rupiah rate declined since yesterday
@ 23 Nov 2017 13:12 CET
Go to 'exchange rates' 
 MOST RECENT REACTIONS
·  At 19 October 2015 17:17 imambudianto5 reacted on Bank Indonesia maintains benchmark interest rate at 7.75%
·  At 04 March 2015 19:18 merdekaSah reacted on Alleged terrorists shot dead three villagers in Poso
·  At 04 March 2015 13:11 Yogya-Bali reacted on Alleged terrorists shot dead three villagers in Poso
·  At 26 February 2015 13:02 Irena reacted on Sexy, a young woman with candy
·  At 08 May 2014 09:51 jstar reacted on No alcohol should be sold in warung
·  At 01 May 2014 10:07 jstar reacted on Indonesia to be among the top 10 peacekeeping contributors
·  At 27 March 2014 05:50 harlys reacted on PPP leader voices concern over Islamic parties' future
·  At 10 March 2014 06:11 Yogya-Bali reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 09 March 2014 00:11 Yerun reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 08 March 2014 20:33 nicknick reacted on Sriwijaya Air leaves behind 200 passengers at airport
·  At 18 February 2014 04:17 Yerun reacted on Ash from Mount Kelud eruption spreads over all of Java
·  At 16 February 2014 05:41 Amed East Bali reacted on Ash from Mount Kelud eruption spreads over all of Java
·  At 14 February 2014 22:27 Anne Mieke reacted on Asylum seekers in Medan wish to be sent to Australia
·  At 14 February 2014 22:22 beritaislam reacted on Asylum seekers in Medan wish to be sent to Australia
·  At 16 January 2014 15:37 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 15:21 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 15:05 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:48 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:41 Yerun reacted on Landslides cut off Tomohon-Manado road
·  At 16 January 2014 14:29 Anne Mieke reacted on Landslides cut off Tomohon-Manado road
Go to 'forum topics' 

Created by indahnesia.com · feedback & contact · © 2000-2017
Other websites by indahnesia.com: ticketindonesia.info · kamus-online.com · indonesiepagina.nl · suvono.nl

Valid HTML 4.01 Transitional 92,472,469 pageviews Discover Indonesia Online at indahnesia.com