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Jakarta Post
The Jakarta Post
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Govt agrees to spend extra Rp 63.7t on energy subsidy

  • Esther Samboh

    The Jakarta Post

Jakarta | Wed, December 14 2011 | 09:45 am

PREMIUM The government has agreed to increase the energy subsidy budget by Rp 63.7 trillion (US$7 billion) for fuel and electricity because consumption has surpassed the state budget allocation.

Finance Minister Agus Martowardojo said on Tuesday that the fuel subsidy would balloon to Rp 168 trillion versus the Rp 129.7 trillion planned in the revised 2011 state budget. The electricity subsidy also ...