Indonesian Political, Business & Finance News

Video: Ensuring PPPK Remain Civil Servants - Global Oil Prices Hit Record High

| Source: CNBC Translated from Indonesian | Regulation
Video: Ensuring PPPK Remain Civil Servants - Global Oil Prices Hit Record High
Image: CNBC

The National Civil Service Agency (BKN) has officially dismissed rumours of changes to the status of Government Employees with Work Agreements (PPPK). Meanwhile, global crude oil prices recorded a new all-time high in trading on Monday, 30 March. This sharp surge was triggered by the expansion of conflicts in the Middle East, which have now spread to crucial shipping routes in the Red Sea and Bab El-Mandeb. In the past month, Brent crude oil prices have soared 59%, exceeding the record volatility of the 1990 Gulf War.

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