{
    "success": true,
    "data": {
        "id": 1645167,
        "msgid": "government-expected-to-hold-subsidised-fuel-price-hike-to-control-inflation-1774925544",
        "date": "2026-03-31 09:00:00",
        "title": "Government Expected to Hold Subsidised Fuel Price Hike to Control Inflation",
        "author": "Aprillia Ika",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Amid escalating geopolitical tensions in the Middle East driving up global oil prices, a member of Indonesia's House Commission VII urges the government to refrain from increasing subsidised fuel prices to prevent inflation and safeguard public purchasing power. This approach, exemplified by Brunei's stable fuel pricing without subsidies, is seen as crucial for maintaining economic growth targets of 8 percent and targeting subsidies precisely at public and mass logistics transport. Such a policy would mitigate the multiplier effects on household costs and inter-island economic stability, given the minimal yet impactful consumption of subsidised fuel in sea transport.",
        "content": "<p>JAKARTA - The intensifying geopolitical situation in the Middle East\nis pushing up global oil prices, which is affecting fuel price increases\nin oil-importing countries such as Indonesia.<\/p>\n<p>Member of the House of Representatives Commission VII, Bambang Haryo\nSoekartono, stated that if Indonesia has adequate fiscal capacity, the\ngovernment is expected not to raise subsidised fuel prices.<\/p>\n<p>In particular, for the mass public transportation sector such as\nbuses, trucks and trains, passenger sea vessels including ferry crossing\npassenger transport.<\/p>\n<p>\u201cThis is important to prevent inflation and to suppress the economic\ncost burden on the public due to chain effects or multiplier effects,\u201d\nsaid Bambang in an official statement on Tuesday (31\/3\/2026).<\/p>\n<p>According to him, the government\u2019s step of not raising subsidised\nfuel prices, especially Pertalite and Solar, amid geopolitical tensions\nin the Middle East region, can prevent inflation and maintain public\npurchasing power.<\/p>\n<p>\u201cThat policy is the right step to prevent inflation and maintain\npublic purchasing power, so that the 8 percent economic growth target is\nnot hindered,\u201d he said.<\/p>\n<p>The same thing is happening in Brunei Darussalam. That country is\nmaintaining premium prices around 0.53 Brunei dollars or approximately\nRp 6,400 per litre, and RON 97 at 0.88 Brunei dollars or equivalent to\nRp 10,700 per litre without subsidies.<\/p>\n<p>He assessed that Indonesia, along with Malaysia and Brunei Darussalam\nas crude oil producing countries, has the capability to maintain\ndomestic energy price stability.<\/p>\n<p>He emphasised the importance of government policy in distributing\nsubsidies in a targeted manner, namely only to public transportation and\nmass logistics.<\/p>\n<p>Based on BPH Migas data, the use of subsidised fuel in the sea\ntransportation and crossing sectors is only around 1 percent of the\ntotal national subsidised solar consumption of 18.8 million kilolitres\nor equivalent to around Rp 18.8 trillion.<\/p>\n<p>\u201cThe portion of subsidised fuel usage by sea transportation and\ncrossing transport is relatively small and does not burden the state,\nbut has a very large impact in preventing logistics cost increases and\nmaintaining inter-island economic stability,\u201d he stressed.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/government-expected-to-hold-subsidised-fuel-price-hike-to-control-inflation-1774925544",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}