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