Indonesian Political, Business & Finance News

Commission XI Assures Government Will Maintain Fuel Prices Until Year-End

| Source: TEMPO_ID Translated from Indonesian | Economy

Commission XI of the Indonesian House of Representatives (DPR RI) has commended the performance of the Ministry of Finance in maintaining state revenue achievements in the first quarter of the 2026 fiscal year. The commission also urged the strengthening of sustainable revenue collection.

This was conveyed by the Chairman of Commission XI of the DPR RI, Mukhamad Misbakhun, during a working meeting of Commission XI with Finance Minister Purbaya Yudhi Sadewa, regarding the performance of state revenue in the first quarter of the 2026 fiscal year, at the parliamentary complex in Senayan, on Monday, 6 April 2026.

In the meeting, Commission XI not only discussed strategies for optimising state revenue but also highlighted strategic issues of public concern, namely the stability of fuel oil (BBM) prices amid rising global oil prices due to international geopolitical dynamics.

Misbakhun emphasised the importance of government transparency regarding fiscal readiness to face various global crude oil price scenarios. “I want to confirm again, this is very important for the public to know that the BBM exercise at $80 per barrel, $90 per barrel, up to $100 per barrel, the country is ready, right?” said Misbakhun during the meeting.

In response, Minister Purbaya stated that the government has prepared scenarios up to the assumption of oil prices reaching $100 per barrel. The statement was positively received by the leadership and members of Commission XI of the DPR RI. Misbakhun emphasised that this readiness is an important message for the public. “Well, this is what the public needs to know, that the government is ready not to raise BBM prices until the end of the year,” he asserted.

Furthermore, Misbakhun emphasised that state revenue is the main foundation in maintaining fiscal sustainability. Amid global economic dynamics, strengthening fiscal policy is seen as key to maintaining national economic stability.

He also stressed that the State Revenue and Expenditure Budget (APBN) must be able to protect public purchasing power, so fiscal policy is directed towards shielding household economies from external pressures.

On the other hand, the government continues to strive to maintain price stability to avoid significant increases. This step is expected to help the public face economic pressures and maintain the momentum of national economic growth.

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