Airlangga Reveals the Fate of Non-Subsidised Fuel Prices, Here's What He Said

Jakarta, CNBC Indonesia - Coordinating Minister for the Economy, Airlangga Hartarto, has revealed that there are currently no plans to raise prices for non-subsidised fuels, or Pertamax and similar types. According to Airlangga, with fuel purchases at US$76 per barrel, it remains close to the State Revenue and Expenditure Budget (APBN) set for 2026 at US$70 per barrel. “US$76 is still close to our APBN. So for the future, it’s still safe. Not yet, not yet (increase),” said Airlangga in response to questions about non-subsidised fuel prices on Monday (6/4/2026). In relation to this, the government has assured that it will not raise subsidised fuel prices until the end of 2026. The holding of subsidised fuel prices is intended to maintain public purchasing power, as announced on 31 March 2026. “The government and Pertamina have decided not to raise prices for subsidised fuels Pertalite and diesel. Later, the Finance Minister (Purbaya Yudhi Sadewa) will explain that as long as the oil price is not more than US$97 average, we can maintain these fuel prices until December 2026,” explained Airlangga. Meanwhile, the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, emphasised that the government is discussing non-subsidised fuel prices both with PT Pertamina (Persero) and private business entities. “Regarding non-subsidised fuel prices, we are currently conducting discussions. This discussion naturally also involves other private entities, and up to now, we are regulating and seeking a good and prudent formulation,” clarified Bahlil when met at the Ministry of ESDM office on Monday (6/4/2026). Unfortunately, Minister Bahlil could not yet confirm when the discussions would conclude. What is clear is that he promised to announce the results of the discussions on non-subsidised fuel prices. “So wait until it’s finished, I will inform. What is clear is that the government very much understands the current conditions of the community in the midst of society. Both for subsidised and non-subsidised, yes,” stressed Bahlil.