The Indonesian government announced the increasing of fuel costs yesterday November 17th, and be in forced to be effective today.
Gasoline is into 8500 rupiah from 6500 rupiah per liter
Light oil became a 7500 rupiah per liter.
Light oil became a 7500 rupiah per liter.
Rates are revised from November 18th early morning.
In this morning, people who refuel gasoline on the way to their work got surprised !
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However, since previously had been rumored to was "9500 price increase in rupiah",
The actual price increase lower than expected,
This increasing price of the fuel shocked the citizen. But there is also a rumor that this increasing price is a step wise.
The rise nearly 30% higher than ever, because the transportation cost has gone up, and raise the price of our products.
The tax was using to subsidizes the fuel until now. By reducing the subsidies, we hope the government's policy will be adjusted in infrastructure for better future.
Thank you for your understanding.
