Indonesian Political, Business & Finance News

Yesterday, diesel prices rose as two Ministry of Finance officials were set to be dismissed

| Source: ANTARA_ID Translated from Indonesian | Economy
Yesterday, diesel prices rose as two Ministry of Finance officials were set to be dismissed
Image: ANTARA_ID

Jakarta (ANTARA) - A variety of economic events occurred on Monday (4 May), ranging from the renewed increase in diesel and Pertamax Turbo prices to Purbaya’s plan to dismiss two Ministry of Finance officials to resolve restitution issues.

Here is a compilation of economic news from LKBN ANTARA.

Diesel and Pertamax Turbo prices rise again starting today

PT Pertamina (Persero) announced an update to fuel prices for certain regions effective from 4 May, with non-subsidised diesel and Pertamax Turbo types experiencing increases, while Pertamax remains unchanged.

Based on Pertamina’s official website cited from Jakarta on Monday, Pertamina has adjusted fuel prices.

Applications for Kopdes Merah Putih manager positions reach 639,732 people

The government recorded that the number of applicants for the Village/Urban Ward Cooperative (Kopdes) Merah Putih manager recruitment programme reached 639,732 people until the registration closure on 24 April 2026.

Coordinating Minister for Food Affairs and Head of the Kopdes Merah Putih Formation Task Force Zulkifli Hasan said that of the total applicants received, 483,648 were declared to meet administrative requirements.

SKK Migas discovers 13 wells with nearly 1 million barrels of oil reserves

SKK Migas has identified potential in 13 new oil and gas wells in the Samboja transmigration area, Kutai Kartanegara Regency, East Kalimantan, with oil reserves of 0.96 million barrels or nearly 1 million barrels.

“The gas potential is 11.64 billion cubic feet, and for oil, it’s 1 million barrels,” said Head of SKK Migas Djoko Siswanto during a press conference at the Meeting of SKK Migas Head with the Minister of Transmigration at the Ministry of Transmigration Office, Jakarta, on Monday.

BPS states Indonesia experiences 2.42% annual inflation in April 2026

The Central Statistics Agency (BPS) stated that Indonesia’s economy experienced inflation of 2.42% on an annual basis (year-on-year/yoy) in April 2026.

“There was an increase in the Consumer Price Index, CPI, from 108.47 in April 2025 to 111.09 in April 2026,” said Deputy for Distribution and Services Statistics at BPS Ateng Hartono in Jakarta on Monday.

Purbaya to dismiss 2 Ministry of Finance officials to address restitution issues

Finance Minister Purbaya Yudhi Sadewa plans to dismiss two officials in the Ministry of Finance as an effort to tackle tax refund disbursement problems.

Purbaya revealed that he has investigated five officials involved in restitution management. Of the five officials, he decided to dismiss two of them.

“I investigated five high-ranking officials who issued the most restitutions. Today, I will dismiss two of them,” Purbaya told reporters during a media briefing at the Ministry of Finance office, Jakarta, on Monday.

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