Get Ready! Prabowo to Significantly Cut Fuel Subsidies

President Prabowo Subianto plans to significantly reduce fuel oil subsidies by launching a national electric motorcycle ecosystem. “Fuel subsidies must be reduced significantly. For this reason, the government I lead yesterday launched the national electric motorcycle ecosystem,” Prabowo explained in his speech at the DPR Plenary Meeting for the Submission of the 2027 State Budget Bill at the Nusantara Building, Senayan Parliament Complex, Central Jakarta, Friday (14/8/2026). In addition, Prabowo announced he will provide incentives for one million electric motorcycles produced domestically by Indonesian entrepreneurs. This policy has three simultaneous objectives: lowering vehicle costs for the people, reducing imported fuel consumption, and expanding the national electric motorcycle industry along with its supply chain of batteries, components, software, and after-sales services. “This incentive is an investment to make the Indonesian people the first market for the works of the nation’s children. Every Indonesian-made electric motorcycle on the road is three victories at once: savings for families, reduced energy imports, and jobs for the nation’s children,” Prabowo stated.