Politics · Indonesia · 1 hr ago
Indonesia Seeks to Keep Subsidised Fuel Prices Steady Through 2026
Indonesia plans to keep subsidised fuel prices steady through the end of 2026.
National Economic Council member Septian Hario Seto said officials discussed the plan with President Prabowo Subianto in Jakarta.
The finance ministry and Danantara are involved in talks on how to fund the effort.
The government says stable fuel prices can help protect people’s purchasing power.
It also wants public finances to remain sustainable while supporting those prices.
Officials are considering longer-term changes to energy subsidies so they reach people more precisely, but have not yet detailed the measures, Danantara’s role or the cost.
Indonesia’s government is discussing fiscal strategies to keep subsidised fuel prices steady through the end of 2026.
National Economic Council member Septian Hario Seto said the discussions involve the Finance Ministry and BP Danantara.
Seto said keeping prices steady is intended to protect people’s purchasing power while maintaining fiscal sustainability.
The government is also discussing long-term improvements to energy subsidy policy, including better targeting.
Seto did not specify the strategies, Danantara’s role or the budget required.
- Who
- Indonesia’s government, including the Finance Ministry and BP Danantara. National Economic Council member Septian Hario Seto described the discussions.
- What
- Officials are discussing fiscal strategies to keep subsidised fuel prices steady through the end of 2026.
- When
- The discussions were described on October 20, 2026. The aim is to maintain prices through the end of 2026.
- Where
- Seto presented the council’s study to President Prabowo Subianto at Merdeka Palace in Jakarta.
- Why
- To protect people’s purchasing power while maintaining fiscal sustainability.
This story does not have two clearly opposing sides.
Seto presented the National Economic Council’s study to President Prabowo Subianto at Merdeka Palace in Jakarta and described discussions on fuel prices and fiscal strategies.
The government aims to keep subsidised fuel prices steady.
- Target period
- Through the end of 2026
- Government participants
- Finance Ministry and BP Danantara
- Council member
- Septian Hario Seto
- Meeting location
- Merdeka Palace, Jakarta
- Meeting date
- October 20, 2026
What people are saying
We told the President that the government’s steps to keep subsidised fuel prices steady are appropriate, especially to protect people’s purchasing power at this time.
We also discussed several fiscal strategies the government, the Finance Ministry and Danantara could use to ensure that fuel prices can be kept steady through the end of the year while fiscal policy remains sustainable.