blog.indahnesia.com - Discover Indonesia Online

    
You are currently in > Just a blog about Indonesia > Next govt must have guts to raise subsidized fuel prices


Next govt must have guts to raise subsidized fuel prices PONTIANAK, WEST KALIMANTAN - The future government should have the determination to increase the price of subsidized fuels to prevent fuel subsidy in the state budget (APBN) from soaring, an energy observer reported.

"The current state budget suffers a deficit of up to Rp250 trillion, and the government must have the guts to raise the price of subsidized fuels," Sofyano Zakaria stated here on Monday.

The best solution to curb the soaring fuel subsidy in 2015 is to raise the price of subsidized fuel, he said. "Meanwhile, the policy to control or limit the use of subsidized fuel is a long-term solution that the government must strive for," he noted.

Sofyano, who is also director of the Center for Public Policy Studies (Puskepi), said subsidized fuel price must be raised by early 2015 at the latest to end rising fuel subsidy.

"Right now fuel and electricity subsidies have reached Rp250 trillion. Lowering subsidies by Rp100 trillion next year will be very beneficial, and the budget fund can be diverted to infrastructure development," he pointed out.

Indonesia currently requires Rp6,500 trillion to develop infrastructure across the country, he said. If the policy is not started now, then when will the nation start it, he remarked. "Therefore, an energy policy, which has been put to the test, is required. Implement a policy that is not only good on paper, but can also be implemented," he added.


Related blog entries (category 'Economy') Related blog entries (category 'Economy'):
19 August 2014 · Bank Indonesia allocates Rp3 trillion to print paper money
18 August 2014 · Governor: 'New oil reserve discovered in Riau'
16 August 2014 · Indonesia aims for economic growth of 5.6% in 2015
14 August 2014 · Indonesia expects coffee exports to reach US$1.4 billion
13 August 2014 · Minister has yet to agree to gas price hike
13 August 2014 · BCA to reduce interest rate for deposits above Rp25 billion

Related blog entries (category 'Economy') Tags: government, new, fuel, price, hike


Posted in Economy @ 25 August 2014 19:41 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 92,472,298 pageviews Discover Indonesia Online at indahnesia.com