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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.
Academia 3 months ago
PREMIUM
ASEAN and East Asia’s response to a fragmenting global economy (2 of 2)
Cross-pillar coordination within ASEAN and acceleration of all integration initiatives should become the main agenda, while at the same reviving ASEAN’s role in the greater Asia region, and Indo-Pacific.
Regulations 7 months ago
PREMIUM
Gas subsidy cut could slash industrial output, trigger layoffs: Ministry
Supply disruptions and steep surcharges, such as state gas company PGN’s tariff of $16.77 per mmbtu, are squeezing manufacturers, according to Industry Ministry spokesperson Febri Hendri Antoni Arief.
Regulations 7 months ago
PREMIUM
Ministry proposes Bulog-like offtake agency for subsidized housing
In a bid to accelerate absorption and address the national backlog, the housing ministry has proposed setting up a Bulog-like agency to purchase completed homes from developers for reselling to the market under the government's "3 million homes" program.
