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Search result with “2024 Energy Subsidies” as a keyword founded 57 news.
Indonesia Eyes 70% Renewable Energy Share After 2030 Despite Coal Reliance
... battle. In 2024, investment in the renewable energy and energy conservation ( ... raised concerns over ballooning energy subsidies, which are projected to ... challenging macroeconomic landscape, with high energy subsidies, global uncertainties, and geopolitical ...Business Jul 31, 2025 | 5:42 pm
Indonesia's $15 Billion US Energy Import Can Backfire, Analyst Warns
... on a monthly basis since January 2024. “We need to watch ... cause a steep hike in energy subsidies for the 2026 fiscal year ... its annual state budget for energy subsidies, especially if the archipelagic ... Rp 203.4 trillion in energy subsidies set for this year. ...Business Jul 17, 2025 | 1:18 pm
Energy Ministry Proposes Up to $6.5 Billion in Electricity Subsidies for 2026
Jakarta. Indonesia’s Energy and Mineral Resources Ministry ... more efficient and equitable energy transition while considering economic, ... the majority of electricity subsidies currently benefit households, ... subsidies accounted for 67.49% of the total in 2024 ...Business Jul 1, 2025 | 10:56 am
BPK Helps Indonesia Avoid Rp 43 Trillion in Losses
... oversight in areas such as subsidies, Public Service Obligations (PSO), ... of new and renewable energy policies. BPK also issued ... audit rating, on the 2024 Central Government Financial Report ... “The accountability for the 2024 State Budget implementation in the ...Business May 27, 2025 | 2:09 pm
Indonesia Posts $1.9 Billion Budget Deficit Amid Falling Tax Revenue
... 36 trillion in February 2024. Tax revenue dropped by ... . Government Spending and Subsidies Government expenditure reached Rp ... governments. Spending on subsidies and compensation amounted to ... Rp 10.6 trillion for energy subsidies. The government also allocated ...Business Mar 13, 2025 | 7:23 pm
Sri Mulyani: Indonesia’s Economy Grows 5.03% in 2024, Demonstrating Resilience
... million new jobs added in 2024. Nonprofit institutions serving households ... Program (PKH), Staple Food Cards, subsidies, and compensation were key to ... , food security improvements, renewable energy development, domestic industrialization of mineral ...Business Feb 6, 2025 | 9:55 am
Residents Left Confused as 3-kg Cooking Gas Becomes Scarce
... . Indonesia currently provides subsidies for electricity, fuel, ... Energy Subsidy Burden Energy subsidies remain a significant burden on Indonesia’s state budget. In 2024 ... , the government allocated Rp 386.9 trillion ($23.9 billion) for energy subsidies ...Business Feb 2, 2025 | 6:18 pm
Is Indonesia’s Ambition to Become an International Carbon Storage Hub Attainable?
... sustainable profits. According to a 2024 study conducted by ERIA, ... support CCUS development. The Energy and Mineral Resources Ministry issued ... , Regulation No. 16 of 2024, issued in December, outlines ... , such as tax breaks, subsidies, or carbon credits, to ...Opinion Jan 24, 2025 | 11:21 am
Government Drafts New Energy Subsidy Scheme
... currently provides substantial subsidies for electricity, fuel ... Energy Subsidy Burden Energy subsidies remain a significant burden on Indonesia’s state budget. In 2024 ... , the government allocated Rp 386.9 trillion ($23.9 billion) for energy subsidies ...Business Jan 8, 2025 | 2:30 am
Indonesia Sees Robust Growth in Electric Vehicle Sales Amid Global Decline
... vehicle (EV) sales in 2024, even as major markets ... electric car sales in 2024 falling into this category. ... "Policy support for clean energy technology manufacturing from several governments ... stated. In Indonesia, government subsidies and tax incentives have ...Tech Dec 26, 2024 | 10:54 am
Indonesia Rolls Out $51.65 Billion Stimulus Package for 2025 to Offset VAT Increase
... Rp 394 trillion for energy subsidies and compensation, which will ... be dedicated to interest subsidies for the government’s ... Smart Program (PIP), subsidies for health insurance premiums under ... support, and 50 percent subsidies for workplace accident insurance ...Business Dec 16, 2024 | 6:26 pm
New Fuel Subsidy Scheme to Enter into Force Early Next Year
... next year, according to Energy Minister Bahlil Lahadalia. The ... is entirely shifting the subsidies to direct cash assistance ... also mulling providing fuel subsidies exclusively for public transportation, ... converting most of the subsidies to cash transfers. Last ...News Dec 12, 2024 | 9:17 am
'Ojol' Drivers May Still Qualify for Subsidized Fuel as Government Reviews Scheme
Jakarta. Energy and Mineral Resources (ESDM) Minister ... could be a blend of fuel subsidies and something like BLT (direct ... on the sidelines of the 2024 Indonesia Mining Summit at Hotel ... goal is to ensure that subsidies reach the right targets, particularly ...News Dec 4, 2024 | 3:58 pm
Understanding the Rationale Behind the Government's Plan to Raise VAT to 12%
... as public transportation and essential energy sources such as kerosene and ... , including direct cash assistance (BLT), subsidies for poor families (PKH), and ... subsidies for electricity, gas, and fertilizers. ...Business Nov 21, 2024 | 10:52 am
Misallocated Electricity Subsidies Cost Indonesia $75 Million a Month
... from commodity subsidies to targeted subsidies in the ... review of Energy Ministry Regulation No. 3 of 2024, which allows ... efficient ways to distribute energy subsidies. The team, led ... transport. Maintaining fuel subsidies for transportation and public ...Business Nov 14, 2024 | 11:44 am
Angela Wilkinson Says Indonesia’s Energy Transition Is Very Challenging
... generous government subsidies. A drastic shift away from the existing energy system would ... significant progress in providing renewable energy and electric vehicles while transitioning ... (AI) to accelerate the energy transition is appealing, Wilkinson cautioned ...News Nov 5, 2024 | 8:21 pm
Gov’t Says $6.3 Billion Energy Subsidies Go to The Rich Instead
... that a portion of the government’s energy subsidies had gone to the rich ... subsidies are worth approximately Rp 100 trillion (approximately $6.3 billion), according to Energy ... in the state budget for energy subsidies throughout 2024 to make sure that ...Business Nov 4, 2024 | 8:02 am
Smooth Government Transition Becomes The Bedrock of Robust Growth
... largest investment forum: the 2024 BNI Investor Daily Summit. ... . The same goes for energy. Indonesia is eyeing to ... Convention Center, Tuesday, Oct. 8, 2024. (David Gita Roza) According ... handles policies related to subsidies. Political analyst Ujang Komarudin ...Business Oct 15, 2024 | 11:02 am
Five-Month Deflation Boosts Purchasing Power: Sri Mulyani
... the state budget's provision of subsidies aimed at stabilizing food prices ... excludes the volatile food and energy sectors, currently stands at around ...Business Oct 4, 2024 | 3:02 pm
Prabowo's First-Year Budget: Rp 3,621 Trillion Approved by DPR
... Allocates Rp 525 Trillion for Subsidies in 2025 Draft State Budget ... Rp 203.41 trillion for energy subsidies, slightly below the initial government ...Business Sep 19, 2024 | 1:25 pm
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