Gotrade News - The Indonesian government has assured that the price of the subsidized Pertalite fuel will not increase until the end of March 2026. This policy responds to the surge in global crude oil prices, reaching $91 per barrel.
This decision is crucial as global oil prices have surpassed the 2026 state budget's macroeconomic assumption set at $70 per barrel. The impact is felt on the government's compensation burden, potentially disrupting fiscal performance if not properly anticipated.
Deputy Minister of Energy and Mineral Resources Yuliot Tanjung emphasized that a price evaluation for Pertalite will be conducted after the 2026 Eid. The focus is on calculating government compensation and maintaining a sound state budget.
The surge in crude oil prices due to the conflict involving the United States and Israel with Iran puts immense pressure. However, for non-subsidized fuels, prices remain aligned with market mechanisms.
The government's decision to hold Pertalite prices is expected to sustain public purchasing power. Energy and Mineral Resources Minister Bahlil Lahadalia guarantees that this price will at least remain until Eid 2026.
Pertalite, currently priced at Rp10,000 per liter, remains a public favorite despite escalating geopolitical tensions. This is an anticipative measure by the government to manage national fuel stocks ahead of Eid.
The fuel price evaluation will consider global economic developments and domestic policies. This move aims to ensure that the national budget is not adversely affected.
The decision to maintain Pertalite prices has received support from the National Energy Council. It is part of the strategy to maintain domestic fuel market stability amid global oil price fluctuations.
Subsequent steps after the evaluation will be determined based on a detailed analysis of subsidy and compensation policies.
Reference:
- Sindonews, Harga BBM Pertalite Tak Naik sampai Lebaran, Selanjutnya Tunggu Evaluasi. Accessed on March 12, 2026
- Tirto, Pemerintah akan Evaluasi Ulang Harga Pertalite usai Lebaran 2026. Accessed on March 12, 2026
- Kumparan, Pemerintah Pastikan Harga Pertalite Tak Naik hingga Kuartal I 2026. Accessed on March 12, 2026
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