Fadli Zon on Subsidised Fuel Prices Not Rising: Prabowo Sides with the People
Jakarta, CNBC Indonesia - Deputy Chairman of the Great Indonesia Movement Party Fadli Zon has commended President Prabowo Subianto’s administration for not raising the prices of subsidised fuel oil (BBM). Fadli, who is also the Minister of Culture, expressed this appreciation during a discussion at the Ministry of Culture’s office in Jakarta on Wednesday (8/4/2026).
Opening the discussion, he explained that global tensions have intensified in recent days. Although just a few hours earlier, the United States (US) decided against launching a major attack on Iran following an agreement for a two-week ceasefire.
“I believe this poses a threat to culture and civilisation, while also having a very broad economic impact worldwide, including on Indonesia and many other countries,” he stated.
According to Fadli, Indonesia faces increasingly significant challenges, particularly concerning food, energy, and policies that will undoubtedly be affected by global situations and conditions. Therefore, he continued, the government must adapt and take steps that align with societal demands.
“For instance, the current government measure to maintain subsidised BBM prices is, in my view, a very appropriate step. This will safeguard inflation and prevent rises in other prices that would undoubtedly burden the people. And this, in my opinion, is President Prabowo’s commitment to the people,” Fadli said.
Furthermore, he noted that if Indonesia followed a free-market economic ideology, BBM prices would follow market rates. Many countries have immediately adjusted accordingly to market prices.
“Even in America, people are complaining. In California and Texas—even as oil producers—prices have shot up to market levels and can multiply several times over,” Fadli remarked.
“In Indonesia, the government’s commitment to keeping subsidised BBM prices steady is a commitment to the people. That, in my view, must be underscored. So if anyone argues that prices should be raised, their ideology must be capitalist. Ours is a people-oriented economy,” he added.