High Oil Prices, Improving Subsidies Distribution is an Option

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High Oil Prices, Improving Subsidies Distribution is an Option
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Regarding the potential for subsidies for fuel to collapse due to the increase in crude oil prices, Minister of Energy and Mineral Resources Arifin Tasrif said the government would continue to monitor it. It will also calculate the impact on the economics of pertalite prices.

subsidies) we want to discuss it again. I want to raise it again with the Minister of Finance and the Minister of BUMN."We will finalize it," said Arifin.

Beforehand, a revision of the presidential regulation that regulates the criteria of customers eligible to purchase Pertalite has been compiled by the Ministry of Energy and Mineral Resources. However, there is no certainty as to when it will be issued by the President of the Republic of Indonesia. "So, look at the comparison of the windfall profit that we get with the subsidy that we have to spend. If downstream prices rise, because this is a political year, it will be impossible to adjust . Let's see the comparison first."Hopefully it's still positive," said Djoko.Consumers fill up with Pertalite fuel at a Pertamina gas station in the Kuningan area of Jakarta on Tuesday .

DEN, added Djoko, continues to encourage various efforts to reduce dependence on energy imports."Reduce as much as possible. We encourage petrol vehicles to switch to electric vehicles."Also by optimizing green fuel," he said.Waiting for it

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