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View all search resultsWe suggest that the application system only allow cars with an engine displacement capacity of up to 1,500 cc to access the subsidized fuels, otherwise bigger-capacity cars would shift from the higher grade Pertamax gasoline (RON92) to Pertalite (RON90).
The sharp rise in global oil prices has crept onto Indonesian shores, with diesel shortages and fuel price hikes unfolding in some parts of the archipelago in recent weeks as the government winds down price control policies for the sake of fiscal consolidation.
The government is bracing to gradually raise the price of all subsidized fuels, as the state budget may be unable to absorb all the impact from the global surge commodity prices, but has promised it will be careful in its timing and public communication.
Many people struggle to survive on a subsistence level as nearly half of the world lives on less than US$5.50 a day ($210 a month) and their attendant governments subsidize fossil fuels for political stability.
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