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View all search resultsState-owned oil-and-gas-giant Pertamina will expand vehicle registration for its MyPertamina fuel app to cover more cities and regencies in East Java and Bali; the company seeks to ensure subsidized-fuel distribution is not abused.
President Joko “Jokowi” Widodo has mandated the use of electric vehicles (EVs) for government officials across the country in a move aimed at expediting the country’s transition to battery-powered transportation, but experts say that this alone will not mean the general public will follow suit.
The government’s recent decision to raise the prices of three brands of motor fuel may increase the risk of political turbulence as the prices of other products follow suit and low-income Indonesians feel sharpened financial strain.
The country’s largest fuel retailer has lowered the price of its Pertamax Turbo, Dexlite and Pertamina Dex fuel brands for the first time this year to adjust to declining global crude prices and promote the use of unsubsidized fuels.
The government's penchant for maintaining the fuel subsidy in spite of high global prices and sage economic advice is linked to its ingrained fear of political instability, but the opportunity cost may be much higher in the long term.
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