The Government Asks To Set A Maximum Price Of Goods And Services When Fuel Increases: Revoke Business Permits If Violating

Illustration (Photo: Doc. Antara)

JAKARTA - Executive Director of the Reformer Institute Komaidi Notonegoro encourages the government to make a maximum price scheme for strategic goods and services whenever there is an increase in fuel oil prices (BBM).

According to him, this step is very important to ensure that people still have the ability to access various daily needs. In addition, he assessed that this strategy also plays a role in keeping inflation levels under control.

Actually, in our production of goods and services, the largest component is raw material of 75 percent. While the rest is divided into several things, such as human resources, rental of places, and energy. If fuel increases by 30 percent, then the prices of goods and services should not have increased by 30 percent because the components were smaller," he said in a virtual discussion on Wednesday, September 14.

According to Komaidi, this is where the government plays a role through the Ministry of Trade to be able to regulate retail prices so that they remain affordable.

As in Malaysia, if the price of energy increases by what percentage, the rate of increase in the price of certain goods and services has been set to a maximum limit by the government. If there are business actors who violate it, the government can revoke its business license. I think things like this can be imitated to prevent an increase in excess prices," he said.

As is known, earlier this month the average subsidized fuel price increased by 30 percent, confident pertalite from IDR 7,650 per liter to IDR 10,000 per liter and diesel increased from IDR 5,150 per liter to IDR 6,800 per liter.