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Indonesian Government Looks at Restricting Fuel Subsidies

OIL PRODUCTS

The Indonesian government is working out how much longer it can sustain keeping domestic fuel subsidized.

  • The President Joko Widodo has repeatedly said the energy subsidy budget, which has been tripled to 502 trillion rupiah ($33.84 billion) this year, is too large.
  • Indonesia is considering restricting the number of people who receive fuel subsidies.
  • Indonesians are paying around a 40% discount on gasoline and a 33% discount on diesel.

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