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Home News Oil & Gas Government Not There Affirm Fuel Price Increase
Government Not There Affirm Fuel Price Increase PDF Print E-mail
Tuesday, 28 June 2011 00:00
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Government Not There Affirm Fuel Price Increase
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Government Not There Affirm Fuel Price Increase

Jakarta - While oil prices continue to soar and fuel subsidies, the government asserts no plans at all to raise subsidized fuel prices.

It is delivered by the Coordinating Minister Hatta Rajasa when met at his office, Jalan Lapangan Banteng, Jakarta, Monday (27/06/2011).

"The increase in fuel? No increase. I have repeatedly said thus far there are no plans to raise fuel prices (subsidized)," he said.

Hatta also confirmed, although not yet planned to raise fuel prices, but there needs to be upheld discipline against the consumption of subsidized fuel quota. So that the subsidy is not continuously soaring.

In addition, he continued, preventing the proliferation of smuggling or diversion of oil prices should also be implemented.

"We need discipline on quota and also the budget, in addition to continue to prevent any misuse," he said.

So far, the quota of subsidized fuel consumption is always excessive. But Hatta said this needs to be maintained and will be calculated how much weight should be closed.

"If there is excess (quota of subsidized fuel), would we count on it. Later it will be the strengthening of the Rupiah currency could reduce the burden. But there will be excess volume of fuel that adds to the burden, we must guard it," he said.

(NRS / dnl



 
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