This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

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Viva Budy Kusnandar 13/09/2022 18:40 WIB

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The fuel subsidy and compensation budget is Rp267 trillion.

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This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

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Energy Subsidy Budget Details 2022

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Starting September 3, 2022, the government raised the price of subsidized fuel oil (BBM): Solar from Rp5,150/liter to Rp6,800/liter, and Pertalite (RON 90) from Rp7,650/liter to Rp10,000/liter.

The government's reason for raising the price of subsidized fuel was that the subsidy budget would swell if the prices of Solar and Pertalite were not increased.

In a hearing with Commission VI of the Indonesian House of Representatives (DPR RI) on Thursday, September 8, 2022, Nicke Widyawati, Director of PT Pertamina (Persero), stated that the total energy subsidy budget for 2022 was Rp502 trillion.

This budget comprised Rp267 trillion for fuel subsidies and compensation, with Rp14.6 trillion allocated for fuel subsidies and Rp252.1 trillion for fuel compensation. An additional Rp134.8 trillion was allocated for subsidies on 3 kg LPG cylinders, and Rp100.6 trillion for electricity subsidies.

Based on data from the Ministry of Finance, the government initially allocated only Rp152.5 trillion for energy subsidies in 2022.

However, due to the rise in global oil prices to over US$100 per barrel and the increase in consumption of subsidized fuel, the government predicted that the energy subsidy budget would increase to Rp502 trillion. The subsidy expenditure was even projected to reach Rp698 trillion if fuel prices were not raised.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

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This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

This is a Breakdown of the Energy Subsidy Budget of Rp502 Trillion

Tags

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Environmental Budget for 38 Provinces of Indonesia in 2025

Prabowo Cuts BNPB 2026 Budget to Only Rp491 Billion

OIKN Budget Realization Only 55.9% of Ceiling as of November 2025

Directorate General of Taxes Secures Additional IDR 1.75 Trillion in Tax from the Task Force for Handling Collection Rights

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