Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Keeping it Simple
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Keeping it Simple

Government Cuts a Hasty Retreat on Plans for Two-Tiered Price Increase for Gasoline. Expect Higher Gas Prices in May


Bali News: Indonesia, Bali, Gasoline prices, Price increase, Fuel Subsidies, Hatta Rajasa, Jero Wacik, Minister of Economy, Minister of Energy and Mineral Resources, two-tiered gas prices.
Click Image to Enlarge

(5/6/2013)

Suara Pembaruan reports that the government is cutting a hasty retreat from plans to introduce a two-tiered price structure this May at gasoline pumps, changing their original plans to estalish lower prices for motorcycles and higher prices for four-wheeled vehicles.

The price hike is sought by the government in an effort to reduce the massive subsidy presently being absorbed by the State budget.

After the two-tiered pricing approach was widely criticized from many quarters of Indonesian society, the Government has reportedly decided to soon announce a single price for premium gas at the petro pumps.

The price, yet to be confirmed, will probably be a figure less than Rp. 6,500 (US$0.65) per liter to be charged to all vehicles for premium gasoline.
Jero Wacik, Indonesia’s Minister of Energy and Mineral Resources, said: “The possibility is that there will be a single price in accordance with the people’s wishes, perhaps a price below Rp. 6,500 per liter.”

Wacik said the government must raise the price of gasoline to reduce the burden of the fuel subsidy, but asked the public for time to properly consider the final decision.

Continuing, Wacik said: “The Government has listened to the opinions of the people. The public knew there were two levels of pricing being considered for the the price of fuel. Many of the public told us it would be difficult (to have two prices). We (the government) would also face difficulties. We considered all these opinions.”

Separately, the Coordinating Minister for the Economy, Hatta Rajasa, told the press that the Government is still studying introducing a single price increase for gasoline. Said Hatta: “We are studying one price (for gasoline). Actually, two-tiered pricing is the best solution, but operationally that would be very difficult.”

Many gas station operators in Indonesia have asked the government to use a single price system.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Rumah Sakit Sehat
Bali Aiming for Hospital Accreditation for all Hospital by 2020
(4/19/2015)
Fixing Prices
Bali Marine Tourism Operators Seek to Fix Tariffs
(4/19/2015)
Adding to the Armada
Garuda Adding 18 Aircraft Before the end of 2015 at it Targets a 74% Average Seat Load
(4/19/2015)
Running for Someone Else’s Life
PrimaFit Organizes Major “Stationery Run” to Raise Funds for Disabled Athletes and the Bali Sports Foundation
(4/19/2015)
Call to Arms
Bali Governor Calls on the Island’s Coming Generation to Prepare for a More Openly Competitive World
(4/19/2015)
Uniform Disorder
Army Officers Kill Colleague in Drunken Attack in West Bali
(4/19/2015)
The Card You’re Dealt
Most Bali Toll Road Users Pay in Cash
(4/19/2015)
It Must have been Something they Drank
Minister of Trade Issues Special for Bali in Efforts to Control the Sale of Beer
(4/19/2015)
Luck be a Lady
Bali Police to Commence a Three-Week Anti-Gambling Enforcement Campaign
(4/19/2015)
Please Come to Bali
Atis and the Tradewind Have Bali-inspired Song Adopted by Bali Tourism Board
(4/19/2015)
Development Takes its Toll
State-owned Company Maps out Toll Toad Options to Connect Bali's South-West-North
(4/19/2015)
Before the Fall
Local Guides at Gitgit Waterfall Accused of Extorting Tourists
(4/19/2015)
All [News]!