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 · Fuel Prices to Increase in June
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

Fuel Prices to Increase in June

Premium Gasoline in Indonesia to Cost 44% more in June


Bali News: Indonesia, Fuel Prices, fuel subsidies, Chatib Basri, Finance Minister
Click Image to Enlarge

(5/26/2013)

After a great deal of discussion and mixed signals, the Government of Indonesia has apparently resolved to increase the price of fuel in June to Rp. 6,5000 (US$0.65), an increase of Rp. 2,000 from the current price of Rp. 4,500 (US$0.45).

Diesel fuel will go up Rp. 1,000 to the new level of Rp. 5,500 (US$0.55).

The decision to go ahead with the long-expected price increase was announced by Indonesia’s newly appoint Finance Minister Chatib Basri, who still declined to specify an exact date in June when the price increase would take place.

The increase in fuel prices is widely seen as needed to reduce the financially crippling level of subsidization provided by the Government at the fuel pumps.

In exchange for eliminating a portion of the fuel subsidies the government has committed to spend Rp. 12.5 trillion (US$1.25 billion) on infrastructure projects, and education and poverty projects.

Related Article

Keeping it Simple


© 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
The End is Near
Chan and Sukumaran, Together with 7 Other Slated for Execution in Central During Last Week of April
(4/26/2015)
The Balinese Body Electric
7th International Body Music Festival (IBMF) in Bali, Indonesia July 3-12, 2015
(4/26/2015)
Jakarta Abandons a Lost Cause?
Tanah Ampo Cruise Terminal Now Under Regency Control
(4/26/2015)
Keeping Rabies on the Run
Bali to Vaccinate 400,000 dogs in 2015 at a Cost of US$692,000
(4/26/2015)
Balinese Voices: The Development of Tourism
Editorial: Bali Tourism Development Must be Evaluated
(4/26/2015)
Northern Light and Power in Bali
Celukan Power Plant to Commence Operations by August/September 2015
(4/26/2015)
Holiday Sadly Interrupted
Australian Dies of Apparent Heart Attack at Legian Hotel
(4/26/2015)
Laid Back Dining Comes to Seminyak
Mozaic Brasserie – Something Very New Under Seminyak’s Setting Sun
(4/26/2015)
Surging Numbers But Still Hungry for More Arrivals
Bali By the Numbers: Q1 2015 Arrivals up 14.04%. Bali on Track to Achieve 4.3 million Tourist Arrivals in 2015
(4/26/2015)
Reduce, Reuse and Recycle
Bali Safari and Marine Park: Speaking Up for Mother Earth
(4/26/2015)
Happy Landings and Takeoffs
Bali’s Airport Cited Among the World’s Best
(4/26/2015)
A Three-Penny Opera
Young U.S. Couple Convicted of Murder in Bali Receive Prison Sentences of 10 and 18 Years
(4/26/2015)
All [News]!