{
    "success": true,
    "data": {
        "id": 1658876,
        "msgid": "finance-minister-assures-no-increase-in-subsidised-fuel-prices-until-year-end-1775631159",
        "date": "2026-04-06 16:28:00",
        "title": "Finance Minister Assures No Increase in Subsidised Fuel Prices Until Year-End",
        "author": "Irvan Sihombing",
        "source": "MEDIA_INDONESIA",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Finance Minister Purbaya Yudhi Sadewa has confirmed that subsidised fuel prices will remain unchanged through the end of the year, even with global oil prices potentially reaching US$100 per barrel, thanks to prepared mitigation measures and a robust state budget. The government is leveraging additional funds, including a Rp420 trillion budget surplus and non-tax revenues from energy sectors, to cushion any pressures. This commitment provides reassurance to the public amid volatile international oil markets, as highlighted by the House of Representatives' Commission XI.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa has emphasised that the prices\nof subsidised fuels will not increase until the end of this year.\nHowever, he could not predict or guarantee the dynamics of\nnon-subsidised fuel prices, as those commodities do not receive price\nrelief from the government. \u201cWe are prepared not to raise (subsidised\nfuel prices) until the end of the year, assuming oil prices stay at\nUS$100 per barrel through the end of the year,\u201d Purbaya stated during a\nworking meeting with House of Representatives Commission XI on Monday\n(6\/4). Purbaya explained that the government has prepared various\nmitigation measures and calculated the resilience of the State Revenue\nand Expenditure Budget (APBN) if global oil prices rise to US$80 per\nbarrel or even US$100 per barrel. \u201cSo throughout this year, with an\naverage price of US$100 per barrel, it is safe,\u201d Purbaya asserted. In\naddition to the APBN budget, Purbaya noted that the government still has\nother funding sources to anticipate pressures from global oil prices,\none of which is the Remaining Budget Surplus (SAL) amounting to Rp420\ntrillion, including Rp200 trillion already placed in banking. He said\nthe government also has various revenue positions that can serve as a\nbuffer for the subsidy budget needs, such as Non-Tax State Revenue\n(PNBP) from the energy and mineral resources (ESDM) sector. \u201cBut the\nimportant thing is, the funds are there, our concept is still in place,\nand later the Minister of ESDM will promise revenues greater than the\nincreases in global oil and coal prices,\u201d he explained. In response,\nChairman of House of Representatives Commission XI, Mukhamad Misbakhun,\nstated that the government\u2019s commitment not to raise subsidised fuel\nprices is crucial for the public. \u201cWhat you conveyed last is very\nimportant for the public to know: that even with fuel exercises at US$80\nper barrel, US$90 per barrel, or US$100 per barrel, the country is\nready. This is what must be conveyed: that the government is prepared\nnot to raise (subsidised fuel prices) until the end of the year,\u201d he\nclarified.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/finance-minister-assures-no-increase-in-subsidised-fuel-prices-until-year-end-1775631159",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}