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Opinion 3 months ago
PREMIUM
Analysis: Energy subsidy reform set in motion as govt eyes budget efficiency
The administration of Prabowo Subianto is reforming the disbursement of fuel and electricity subsidies to improve state budget efficiency. These subsidies have long been criticized for disproportionately benefiting upper-middle-class households, who consume more energy, rather than the poor and vulnerable groups they are intended to support. As a result, the government now aims to better target subsidy distribution and reduce its long-standing fiscal burden. The urgency to optimize subsidy spending has also grown amid rising expenditures for several major government programs.
Economy 4 months ago
PREMIUM
National oil lifting tops budget target at 619,000 bpd
Oil lifting has surpassed the target started in the state budget for the first time since 2008, Energy Minister Bahlil Lahadalia announced, citing rising production and new measures to legalize tens of thousands of community-run oil wells.
Academia 4 months ago
PREMIUM
Indonesia’s UNGA climate pledge faces real test at home
While the President's address at the 80th UNGS signaled ambition, implementing the 2025-2034 RUPTL with de-risking mechanisms, clear financing solutions, a decisive move away from coal and other detailed steps is the real test.
