{
    "success": true,
    "data": {
        "id": 1620628,
        "msgid": "finance-minister-fuel-prices-can-be-maintained-until-year-end-1773755555",
        "date": "2026-03-17 20:18:43",
        "title": "Finance Minister: Fuel Prices Can Be Maintained Until Year-End",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Finance",
        "summary": "Indonesia's Finance Minister Purbaya Yudhi Sadewa has stated that the government possesses sufficient fiscal capacity to maintain fuel prices through the end of the year despite mounting global energy pressures stemming from Middle East tensions. The government is utilising the state budget as a shock absorber to protect public purchasing power, with global crude oil prices having surged past $100 per barrel due to geopolitical escalation affecting energy supply and distribution.",
        "content": "<p>Yogyakarta \u2014 Indonesia\u2019s Finance Minister Purbaya Yudhi Sadewa has\nstated that the government currently possesses the financial capability\nto maintain fuel prices until the end of the year amid mounting pressure\nfrom global energy costs resulting from Middle Eastern conflicts.<\/p>\n<p>\u201cThere is currently no calculation for raising fuel prices because we\nstill have sufficient funds for the current fuel price level,\u201d Purbaya\nsaid after visiting Beringharjo Market in Yogyakarta on Tuesday.<\/p>\n<p>Purbaya noted that the government is relying on the State Budget\n(APBN) as a shock absorber to protect public purchasing power.<\/p>\n<p>\u201cThe budget\u2019s function is to absorb external shocks. At present, the\ngovernment\u2019s APBN is doing the absorbing,\u201d he stated.<\/p>\n<p>He added that this fiscal capacity enables the government to maintain\nfuel prices through year-end, pending presidential approval.<\/p>\n<p>\u201cIf we have this much, and if the president agrees, it\u2019s possible\nuntil the end of the year. So I have quite substantial funds available.\nThese remaining resources are something the commentators don\u2019t know\nwhere to find,\u201d he remarked.<\/p>\n<p>Earlier, PT Pertamina reported that global crude oil prices have\nsoared beyond $100 per barrel as a result of escalating Middle Eastern\ntensions. The price spike has been driven by increased geopolitical\ntensions, which are impacting energy supply and distribution globally\nand creating upward pressure on international oil markets.<\/p>\n<p>\u201cPertamina continues to monitor global oil price dynamics, which are\ncurrently in the range of $100 per barrel,\u201d said Pertamina Vice\nPresident for Corporate Communication Muhammad Baron.<\/p>\n<p>Additionally, Pertamina is maintaining communication with the\ngovernment regarding national energy policy in response to the surging\nglobal oil prices.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/finance-minister-fuel-prices-can-be-maintained-until-year-end-1773755555",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}