Indonesian Fuel oil price raised

Indonesian Fuel stations

Indonesian Fuel oil price raised

TRIBUNNEWS.COM, JAKARTA-a day recently returned from a visit to China andAustralia, the President of the REPUBLIC of INDONESIA Widodo Jokoa (Jokowi)immediately announced the price increase of fuel oil (FUEL). President Jokowiannounced its own rise in fuel price is Rp 2,000. So the premium of Rp 6,500 to Rp8,500 and solar from Rp 5,500 to Rp 7,500.

"The price hike will apply new 00.00 WIB counted since November 18, 2014," statedJokowi who accompanied Vice President Jusuf Kalla, Coordinating Minister for the economy Minister Sofyan 

Djalil, Anies Baswedan, Tjahjo Kumolo, Minister of the Interior and a number of Ministers economics the majority wearing white shirts.

According to Jokowi, after rising fuel prices this then the Government would providecompensation to the community.

"For the people not being able to put up a package of social protection Card Family is prosperous, Healthy, and Indonesia Card Card Smart Indonesia," said Jokowi.

According to the President, the three cards that will soon be used to keep thepurchasing power and economy while enhancing the productive.

Jokowi cannot be denied there were opinions agree and disagree over this policy. "The Government appreciate inputs," he said while calling the rising fuel prices this is apolicy of diverting subsidies for productive sectors.

However, Jokowi stressed that this decision is a great way to present a budget that is more beneficial for the people of Indonesia as a whole.

In his announcement, the Jokowi mentions, the Premium price of Rp 6,500 per litre upto Rp 8,500. As for the original price of diesel, rising to Rp 5,500 Rp 7,500 per liter.