{
    "success": true,
    "data": {
        "id": 1805409,
        "msgid": "ihsg-strengthens-government-proposes-rp815-billion-for-electric-stove-programme-1781571077",
        "date": "2026-06-16 07:04:13",
        "title": "IHSG strengthens, government proposes Rp815 billion for electric stove programme",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian stock market closed higher on Monday, buoyed by a drop in global oil prices following a US-Iran peace deal. Meanwhile, the government is seeking Rp815 billion in the 2027 state budget to fund an electric stove programme aimed at reducing LPG imports, and President Prabowo has invited Germany to invest in Indonesia's critical minerals sector.",
        "content": "<p>The Indonesia Stock Exchange (IDX) composite index (IHSG) closed\nhigher on Monday, rising 247.31 points or 4.12 percent to 6,254.97, as\nglobal crude oil prices corrected following a peace agreement between\nthe United States and Iran. The LQ45 index of top 45 stocks also gained\n4.56 points, or 27.23 percent, to 624.68.<\/p>\n<p>President Prabowo Subianto has invited Germany to expand investment\nin various strategic sectors in Indonesia, including the development of\ncritical minerals and rare earth elements, which are essential\ncomponents for the technology industry and the global energy transition.\nThe invitation was conveyed during a joint press statement with German\nFederal President Frank-Walter Steinmeier at Merdeka Palace on Monday.\nPrabowo noted that both nations have significant opportunities to deepen\ninvestment partnerships in future-oriented sectors that support\nsustainable economic growth.<\/p>\n<p>Finance Minister Purbaya Yudhi Sadewa has committed to maintaining\nfiscal stability while ensuring support for the implementation of\nvarious 2027 National Priorities. Speaking at a working meeting with the\nHouse of Representatives\u2019 Commission XI in Jakarta, Purbaya stated that\nthe Ministry of Finance will continue to safeguard fiscal performance to\ndrive higher economic growth through strategic measures, including\noptimising revenue, ensuring quality spending, and pursuing innovative\nfinancing.<\/p>\n<p>State-owned railway operator PT Kereta Api Indonesia (KAI) is\nfocusing on technical testing of B50 biodiesel fuel to assess its impact\non engine performance, fuel consumption, emissions, and rolling stock\ndurability. Vice President of Corporate Communication Anne Purba said\nthe fuel transition is being carried out in stages with technical\ncoordination involving the government and relevant agencies to ensure\nsafety, operational reliability, and smooth transport services.<\/p>\n<p>Minister of Energy and Mineral Resources Bahlil Lahadalia has\nproposed a budget allocation of Rp815.56 billion in the 2027 Draft State\nBudget (RAPBN) for an electric stove programme. The initiative aims to\nreduce Indonesia\u2019s dependence on imported liquefied petroleum gas (LPG).\nBahlil told a working meeting with the House of Representatives\u2019\nCommission XII at the Parliament Complex in Jakarta that the government\nis promoting not only LPG but also electric stoves, compressed natural\ngas (CNG), and other alternatives.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ihsg-strengthens-government-proposes-rp815-billion-for-electric-stove-programme-1781571077",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}