Minister Bahlil Lahadalia: Indonesians Must Prepare for A Potential Fuel Price Hike
KONTAN.CO.ID - JAKARTA. Indonesians must prepare for a potential hike in fuel prices as the government looks to control its ballooning energy subsidies amid high global oil prices. A cabinet minister said on Friday.
Southeast Asia's largest economy has tripled this year's energy subsidy budget to 502 trillion rupiah (US$ 34,22 billion) in order to keep some fuel prices and power tariffs unchanged and manage inflation.
