JAKARTA. Starts from 2017, the government will tighten the procedure for allocating energy subsidy. On energy, government will ensure that the subsidy will be allocated into eligible people. Government and Budget Agency (Badan Anggaran) of the House of Representatives (DPR) on Tuesday (20/9) have agreed to allocate IDR 75.08 trillion of subsidy. The amount of subsidy is IDR 17.13 trillion lower than IDR 92.21 trillion proposed by government in fiscal note and 2017 State Budget draft (RAPBN 2017). The agreement has cut almost all of government proposals on subsidy. For an example, the agreement set to allocate IDR30.31 trillion of subsidies on fuel and three-kilogram liquified petroleum gass (LPG), or lower than IDR 42.31 trillion of government proposal.
Govt to cut energy subsidy by IDR 17 trillion
JAKARTA. Starts from 2017, the government will tighten the procedure for allocating energy subsidy. On energy, government will ensure that the subsidy will be allocated into eligible people. Government and Budget Agency (Badan Anggaran) of the House of Representatives (DPR) on Tuesday (20/9) have agreed to allocate IDR 75.08 trillion of subsidy. The amount of subsidy is IDR 17.13 trillion lower than IDR 92.21 trillion proposed by government in fiscal note and 2017 State Budget draft (RAPBN 2017). The agreement has cut almost all of government proposals on subsidy. For an example, the agreement set to allocate IDR30.31 trillion of subsidies on fuel and three-kilogram liquified petroleum gass (LPG), or lower than IDR 42.31 trillion of government proposal.