{"id":519581,"date":"2022-09-05T12:00:37","date_gmt":"2022-09-05T06:30:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=519581"},"modified":"2022-09-05T12:00:37","modified_gmt":"2022-09-05T06:30:37","slug":"indonesia-raises-fuel-prices-to-ease-subsidy-burden-on-budget","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indonesia-raises-fuel-prices-to-ease-subsidy-burden-on-budget\/","title":{"rendered":"Indonesia raises fuel prices to ease subsidy burden on budget"},"content":{"rendered":"<p>Indonesia raised some fuel prices as the government balances the risk of inflationary pressures against a ballooning energy subsidy bill.<\/p>\n<p>The price of Pertalite, the most commonly used gasoline, will increase more than 30% to 10,000 rupiah ($0.67) a liter, while the cost of non-subsidized fuel Pertamax will rise about 20% to 14,500 rupiah, energy minister Arifin Tasrif said on Saturday. The changes are effective as of 2:30pm in Jakarta.<\/p>\n<p>\u201cState funds must be prioritized for people in need,\u201d President Joko Widodo said at the same briefing, adding that more than 70% of fuel subsidies is used by wealthier people who own cars. \u201cAt this time, the government must make a decision during a difficult time. This is our last option: to reallocate fuel subsidies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indonesia raised some fuel prices as the government balances the risk of inflationary pressures against a ballooning energy subsidy bill. The price of Pertalite, the most commonly used gasoline, will increase more than 30% to 10,000 rupiah ($0.67) a liter, while the cost of non-subsidized fuel Pertamax will rise about 20% to 14,500 rupiah, energy minister Arifin Tasrif said on Saturday. The changes are effective as of 2:30pm in Jakarta. \u201cState funds must be prioritized for people in need,\u201d President Joko Widodo said at the same briefing, adding that more than 70% of fuel subsidies is used by wealthier people [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-519581","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=519581"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/519581\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=519581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=519581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=519581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}