Indonesia seeks to tackle explosive fuel subsidies


JAKARTA: The Indonesian government's pledge to reduce generous fuel subsidies which will push up prices for motorists has taken it onto politically treacherous ground before elections in 2014.

With mounting concern over the economic damage being wrought by an energy subsidy which gobbles up more than 16 percent of the state budget, the government has set out plans to raise fuel prices for the first time in five years.

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RM 13.90/month

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Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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