World

Indonesia plans to increase fuel, power prices

Indonesian Minister of Energy and Mineral Resources Arifin Tasrif has announced that his government plans to raise prices on subsidised fuels to reduce fiscal tensions.
Indonesia plans to increase fuel, power prices ảnh 1An attendant at a fuel station in Nusa Dua, Bali, Indonesia (Photo: wsj.com)
Jakarta (VNA) - Indonesian Minister ofEnergy and Mineral Resources Arifin Tasrif has announced that his governmentplans to raise prices on subsidised fuels to reduce fiscal tensions.

The increase will impact the price of Pertalitegasoline, Solar diesel and 3-kg liquefied petroleum gas canisters. The subsidisedfuels are being widely used in lower income households and businesses.

Arifin said that the ministry will keep aclose watch on the conflict in Ukraine, as its prolongation can lead to a risein oil prices, thus imposing a pressure on the State budget.

In addition, the Indonesia Government alsoannounced its plan to raise the price of electricity.

According to Arifin, in the short term, the electricitytariff adjustment plan could help the state budget save from 7 trillion rupiah(487.75 million USD) to 16 trillion rupiah in 2022 alone./.
VNA
#Indonesia #Minister of Energy and Mineral Resources Arifin Tasrif #subsidised fuels #electricity #Vietnam #Vietnamplus #Vietnam News Agency Indonesia
Follow VietnamPlus

Related News

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesian Finance Minister Sri Mulyani Indrawati has projected that the country’s economy will grow 4.5 percent to 5.2 percent in the first quarter of 2022 amid uncertainty about the global economy due to the conflict in Ukraine.

See more

Mount Semeru in East Java erupts on April 14, 2026. (Photo: ANTARA)

Indonesia maintains high alert as Mount Semeru continues erupting

According to the Semeru Volcano Observation Agency, the first eruption occurred at 5:22 am, registering a maximum seismic amplitude of 20 mm and lasting 3 minutes and 23 seconds. The eruption produced an ash column rising about 1,500 m above the crater, reaching approximately 5,176 m above sea level.

Vietnamese Party General Secretary and State President To Lam (centre) and his spouse are welcomed at Beijing Capital International Airport on April 14. (Photo: VNA)

Chinese newspaper expects new chapter in building Vietnam-China community with shared future

From the traditional friendship of "both comrades and brothers" to the contemporary positioning of "the community with a shared future that carries strategic significance," Vietnam-China relations are standing at a new historical starting point, with expectations of opening a new chapter that delivers tangible benefits to both peoples and contributes positively to regional and global development.

Malaysia strengthens national energy supply mix

Malaysia strengthens national energy supply mix

The Malaysian government will intensify efforts to strengthen the national energy mix to ensure electricity supply security amid extreme weather changes, which are beginning to affect existing resources, according to Deputy Prime Minister Datuk Seri Fadillah Yusof.

Illustrative image (Photo: Thai PBS)

Thai capital introduces recycling initiative

Thailand's Bangkok Metropolitan Administration (BMA) is introducing a sustainable twist to this year’s Songkran festivities by inviting revellers to donate their used or unwanted plastic squirt guns for recycling.

Thailand warns public of online scams during Songkran festival

Thailand warns public of online scams during Songkran festival

It identified four major scam tactics now spreading widely, which involve fake accommodation and travel ticket bookings, hacked social media accounts being used to ask for money, fake links offering cash giveaways or discounts, and fake pages selling festival-related products.

A Petronas filling station in Kuala Lumpur (Photo: VNA)

Malaysia tightens controls on border-town fuel stations

Deputy KPDN Minister Datuk Dr Fuziah Salleh said the government is currently reviewing existing policies to further restrict fuel purchases in high-risk zones, acknowledging that current limits have not completely stopped the leakages.

Thailand's Finance Minister Ekniti Nitithanprapas (Photo: Royal Thai Government)

Thailand implements emergency relief package to protect economy

The Thai Government has allocated more than 7.74 billion THB (about 241 million USD) from the central budget to support citizens in coping with rising energy prices, subsidise transport costs, and implement measures to reduce the cost of living nationwide.

Party General Secretary To Lam (R) welcomes Party General Secretary and President of China Xi Jinping in Hanoi in April 2025. (Photo: VNA)

Top Vietnamese leader’s visit highlights strategic importance of bilateral ties: Chinese newspaper

The newspaper noted that To Lam announced his visit to China just two days after being elected State President of Vietnam. Earlier, in August 2024, shortly after assuming the position of Party General Secretary, he also chose China as the destination for his first overseas trip. That both of his first state visits in his new roles have been to China is a clear indication of the strategic nature and elevated importance of China–Vietnam relations.

Thailand eyes major investment law reform

Thailand eyes major investment law reform

The Thai economy remains imbalanced, relying heavily on exports and services such as tourism, which together account for roughly 70% of GDP. Meanwhile, domestic investment aimed at strengthening the country’s production structure and keeping pace with global changes remains insufficient, said Finance Minister Ekniti Nitithanprapas.

Indonesia tightens management of forest resources

Indonesia tightens management of forest resources

The total value of recovered assets is equivalent to nearly 10% of Indonesia’s 2026 state budget, estimated at about 240 billion USD, highlighting the large scale of past violations in the forestry sector.

Thailand seeks to offset fertiliser supply shortfall

Thailand seeks to offset fertiliser supply shortfall

Thailand's Agriculture and Cooperatives Minister Suriya Juangroongruangkit reaffirmed the policy to suspend farmers' debts for three years, which was announced during his party's election campaign, though details of the measure will be finalised after consultations with state agencies, including the Finance Ministry.