Close
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: Keeping it Simple
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
For Those in the Know on Indonesian Hotels
Douglas Ramage Joins All-Star Line Up of Speakers and Panelists at Indonesian Hotel Investment Conference in Bali on June 6, 2014
(4/20/2014)
We Get Mail!
Review on the Sad State of Baliís Newly Renovated Airport Causes Many Bali Update Readers to Write
(4/20/2014)
We Get Mail!
Following Bali Updateís Editorial on Channel Seven Australia's Unfair Treatment of Bali, We Get a Record Number of Readers Emails
(4/20/2014)
Saving Baliís Starlings
Four More Bali Starlings Released to the Wilds at Sibang Breeding and Release Site
(4/20/2014)
The Fast Check Out Line is Not Working
Tiara Grocer Ignores Supreme Court Order and Continues to Operate Jalan Cokroaminoto Outlet
(4/20/2014)
Bali Property Market in Decline?
Downturn in Bali Property Business May be Short Term and Cyclical
(4/20/2014)
Paying for the Right to Work
Bali's Capital of Denpasar Gets a Windfall from $100 Per Month Foreign Worker Tax
(4/21/2014)
Providing Gifted Students a Free Education
Bali Allocates US$1.74 Million for a Trade School for Underprivileged Students
(4/21/2014)
Evil Disposition
Foreigners Working Illegally in Baliís Tourism Sector as Guides, Drivers, Dive Guides and Surfing Instructors
(4/20/2014)
Bali and Beyond Travel Fair 2014
350 Buyers Expected at Bali & Beyond Travel Fair to be held in Bali June 10-14. 2014
(4/20/2014)
Dogged till the End
Bali Quarantine Officials Euthanize 31 Dogs Seized from Animal Smugglers
(4/20/2014)
Hastie Rise to the Top
Hard Rock Hotel Bali Andrew Hastie Ė Executive Assistant Manager Food & Beverage
(4/20/2014)
All [News]!
 
Tourism and Transport Tourism Agents