World

Indonesia considers plan to phase out fuel subsidies by 2027

According to Minister of Energy and Mineral Resources Bahlil Lahadalia, an inter-ministerial discussion is underway to evaluate fuel subsidy policies, which continue to effectively support low-income workers.

A ride-hailing driver fills up his tank using a subsidised fuel at a gas station in Banten on November 29, 2024. (Photo: Antara/Angga Budhiyanto)
A ride-hailing driver fills up his tank using a subsidised fuel at a gas station in Banten on November 29, 2024. (Photo: Antara/Angga Budhiyanto)

Jakarta (VNA) – Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has said that fuel subsidies remain in place, while leaving open the possibility of phasing out the programme by 2027.

According to Minister of Energy and Mineral Resources Bahlil Lahadalia, an inter-ministerial discussion is underway to evaluate fuel subsidy policies, which continue to effectively support low-income workers.

Bahlil also revealed that the Government is preparing a new energy subsidy distribution plan, covering fuel, electricity, and liquefied petroleum gas (LPG).

Earlier, Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan suggested that fuel subsidies could be abolished by 2027, as Indonesia moves toward a single fuel pricing policy.

He also noted that artificial intelligence (AI) could play a role in improving the implementation and efficiency under the new system./.

VNA
#Indonesia fuel subsidies #Indonesia single fuel pricing policy Indonesia
Follow VietnamPlus

Related News

A farmer plants vegetable seedlings in a peatland in Pontianak, West Kalimantan, Indonesia (Photo: ANTARA)

Indonesia expands carbon trade with nature-based solutions

During the Indonesia Climate Policy Outlook 2025 event, hosted by the Foreign Policy Community of Indonesia (FPCI) in Jakarta on February 20, he stated that Indonesia joined the global carbon trade network by launching international carbon trade transactions at the Indonesian Stock Exchange in January.

See more

Suspended Prime Minister of Thailand Paetongtarn Shinawatra (Photo: Xinhua/VNA)

Suspended Thai PM seeks more time to file defence

Suspended Prime Minister of Thailand Paetongtarn Shinawatra has asked the Thai Constitutional Court to give her more time to file a defence statement in the ethics case that could lead to her dismissal

The central pagoda of Wat Arun Ratchawararam (Photo: thailand.prd.go.th)

Thai pagoda added to UNESCO tentative list

The central pagoda of Wat Arun Ratchawararam, situated along the Chao Phraya River in Bangkok, stands as one of the country’s most iconic architectural landmarks, holding profound cultural and historical significance.

The centre is aimed at helping the region balance economic development and sustainability goals. (Photo: straitstimes.com)

Singapore highlights role in shaping future of global transport

Singapore also launched new training programmes for Small Island Developing States (SIDS), with the first course for Caribbean officials to be held in 2026, and announced an extension of the Singapore-ICAO Developing Countries Training Programme, including 1.8 million USD in scholarships and support over the next three years. ​

Indonesian President Prabowo Subianto (Photo: Antara)

Indonesia, EU finalise CEPA negotiations

The Comprehensive Economic Partnership Agreement (CEPA) between Indonesia and the EU will open up broader access for Indonesian exports to the EU, describing it as a vast market with over 460 million people, a substantial GDP, and significant trade activity.

11 missing after boat capsizes in western Indonesia

11 missing after boat capsizes in western Indonesia

Boats and ferries are regular modes of transport in Indonesia, an archipelago of more than 17,000 islands, and accidents are relatively common due to bad weather as well as lax safety standards that often allow vessels to be overloaded.

Paetongtarn Shinawatra, Thailand's suspended prime minister, during the Splash Soft Power Forum in Bangkok, July 9, 2025. (Photo: Bloomberg)

Thailand’s anti-graft agency set to probe suspended PM Paetongtarn

The National Anti-Corruption Commission (NACC) on July 14 resolved to establish an inquiry panel to examine the leaked audio clip in which Paetongtarn is heard speaking with former Cambodian Prime Minister Hun Sen regarding the Thai-Cambodian border dispute. In the clip, she appears to refer to the commander of Thailand’s Second Army Area as “the other side.”

Malaysia tightens export controls on US-origin AI chips (Photo: The Star)

Malaysia tightens export controls on US-origin AI chips

The provision requires individuals or companies to notify the relevant authority at least 30 days in advance if they know or have reasonable grounds to suspect that an item could be misused or used for restricted activities.

Tourists are pictured at the arrivals hall at Suvarnabhumi airport. (Photo: AI)

Thailand eyes new markets to make up for Chinese tourists

According to Governor of the Tourism Authority of Thailand (TAT) Thapanee Kiatpaibool, the Middle East market is a supporting factor helping to boost tourism revenue as it currently has a growth of about 17% to 18%. Therefore, Thailand aims to increase the volume of arrivals from the Middle East and airlines.