[vc_row][vc_column width=”5/6″][vc_column_text]Until now, every time international oil prices fluctuate sharply and the burden of fuel subsidies swells uncontrollably, the same time nation’s energy is drained. The government’s decision to increase the cost of subsidized fuel on September 3, 2022, amidst domestic price pressures and people’s efforts to recover after the pandemic, is an unpopular policy choice and has a high risk. The increase in world oil prices since the beginning of 2022 is the main reason it has increased the burden of subsidies and energy compensation in the 2022 State Budget (APBN).[/vc_column_text][/vc_column][vc_column width=”1/6″][vc_column_text][wpdm_package id=’11555′][/vc_column_text][/vc_column][/vc_row]
Fuel Subsidy and Social Assistance Reform
