{
    "success": true,
    "data": {
        "id": 1649397,
        "msgid": "fuel-prices-unchanged-finance-minister-purbaya-increases-fuel-subsidy-budget-to-up-to-rp-100-trillion-1775040664",
        "date": "2026-04-01 16:56:03",
        "title": "Fuel Prices Unchanged, Finance Minister Purbaya Increases Fuel Subsidy Budget to Up to Rp 100 Trillion",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has announced that the government will allocate an additional Rp 90 trillion to Rp 100 trillion for fuel subsidies to prevent domestic fuel price hikes amid global oil price surges due to Middle East conflicts. This measure ensures price stability while maintaining fiscal space, with the budget deficit projected to remain at a safe 2.9% even under assumptions of $100 per barrel oil prices. Pertamina has confirmed no adjustments to non-subsidised fuel prices for April 2026, keeping them steady nationwide.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa stated that the government will\nincrease the fuel subsidy budget by Rp 90 trillion to Rp 100 trillion.\nAccording to Purbaya, this step is taken to maintain domestic fuel\nprices and prevent increases amid the surge in global crude oil prices\ndue to conflicts in the Middle East. \u201cRp 90-100 trillion, that\u2019s the\nsubsidy, there are other compensations too. We\u2019ll calculate again later,\nI forgot the exact figure,\u201d Purbaya told reporters at Wisma Danantara on\nWednesday (1\/4\/2026). However, he emphasised that the figure is still\nprovisional and will be recalculated. Additionally, the additional\nbudget only covers the subsidy component and does not include\ncompensation. Purbaya added that the government currently has sufficient\nfiscal room to cushion the impact of rising global oil prices. In fact,\naccording to him, the government is still able to keep domestic fuel\nprices stable even as global oil prices remain high. He explained that\nassuming an average global oil price of $100 per barrel throughout the\nyear, Indonesia\u2019s fiscal condition remains relatively safe. Moreover,\ncurrent oil prices are still below that assumption. With this situation,\nthe government\u2019s fiscal space is deemed sufficiently open. Purbaya also\nassured that despite the additional subsidies, the budget deficit can\nstill be kept below safe limits. The government, he said, has locked the\nbudget deficit at around 2.9%, even with the assumption of oil prices at\n$100 per barrel. \u201cWe\u2019ve calculated everything. Even with an average of\n$100, the deficit remains below 3%, around 2.9%, so no problem,\u201d he\nsaid. Meanwhile, PT Pertamina (Persero) through Pertamina Patra Niaga\nhas officially announced the fuel prices for 1 April 2026 applicable at\npetrol stations across Indonesia. Referring to the April 2026 fuel\nprices, all types of non-subsidised and subsidised fuels have not\nundergone adjustments, both the Pertamax Series and Dex Series. This\nmeans the latest fuel prices remain the same as those currently in\neffect.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fuel-prices-unchanged-finance-minister-purbaya-increases-fuel-subsidy-budget-to-up-to-rp-100-trillion-1775040664",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}