TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Parties get behind oil price hike

  • Abdul Khalik

    The Jakarta Post

Jakarta   /   Sun, May 11 2008   /  12:37 pm

Major political parties are throwing their support behind the government's unpopular plan to raise fuel prices early next month. The United Development Party (PPP), the third-largest faction in the House of Representatives, is the latest party to publicly declare its support for the controversial policy. PPP chairman Suryadharma Ali said Saturday his party understood why the government had to increase fuel prices given the skyrocketing global price of oil. "The oil price surge has placed a huge burden on the state budget because of much higher subsidies. "We can no longer avoid the issue and maintain the current oil price just to win popularity," Suryadharma, the state minister for small and medium enterprises and cooperatives, told a news conference during the party's national meeting in Jakarta. Other major political groups backing th...