YOGYAKARTA - The policy related to the increase in the price of fuel oil (BBM) is still being discussed by the government. The government provides a fuel subsidy program to help ease the burden on the economy of the poor. So what is the price of pertalite and diesel if not subsidized?
The discourse on increasing fuel prices from September 1, 2022, is in the public spotlight. The price of fuel subsidies pertalite and diesel is considered necessary to be adjusted to the world oil price. Because if this is not adjusted, it may cause the subsidy budget to swell.
Sri Mulyani Indrawati, Minister of Finance, revealed that the current subsidized fuel retail selling price (HJE) is much cheaper than the actual fuel price. The Minister of Finance said the subsidized and compensation budget had been increased to Rp502.4T, higher than the previous budget.
Sri Mulyani revealed that the price of pertalite sold by Pertamina gas stations is IDR 7,650 per liter, far below the original price. The price of Pertalite Sleeping or supposed to be IDR 14,450 per liter based on the economic price.
With the fuel subsidy program, the public gets a pertalite subsidy of 47.1 percent or a difference of Rp6,800 per liter from the celebration price.
"The current price of Pertalite, the people of each liter get a subsidy of 53 percent or Rp. 6,800 per liter purchased," Sri Mulyani said as quoted by Antara, Saturday (27/8/2022).
Meanwhile, the price of diesel sold is also considered far from the original price of the economy. The selling price of diesel is currently IDR 5,150 per liter. For the price of Songing itself is IDR 13,950 per liter.
Furthermore, Sri Mulyani explained that the community and the entire economy received a diesel subsidy of Rp. 8,800 per liter from the price of sleep or 63 percent.
The allocation of subsidized budgets and energy compensation distributed by the government in the 2022 State Budget reaches IDR 502.4 trillion. The budget is allocated into three sectors, namely fuel, LPG, and electricity.
The budget for fuel and LPG subsidies reached Rp149.9 trillion. Meanwhile, electricity subsidies amounted to Rp59.6 trillion. The fuel compensation budget is Rp252, trillion and electricity compensation is Rp41.0 trillion.
However, this amount may still swell by Rp689 trillion or increase by Rp195.6 trillion. This increase in budget can soar if consumption levels increase.
The Minister of Finance conveyed his comments as well as criticisms regarding the amount of subsidized budget and compensation of Rp502.4 trillion. He said the total energy subsidy budget could be used to finance many forms of development that were more beneficial for the wider community and more targeted.
Sri Mulyani compared the nominal budget equivalent to the construction of 3,333 hospitals (RS). She conveyed this statement through her personal Instagram account in the form of infographic.
"If the Minister of Health now asks for a budget so that we can build a hospital, this can reach all corners," said Sri Mulyani.
In the infographic, Sri Mulyani also described that the large funds are also equivalent to the construction of 227,886 elementary schools with construction costs per elementary school of Rp2.19 billion. Allocations such as will be very beneficial for the community, especially for areas that do not yet have an elementary school.
He also mentioned that the budget for the funds is equivalent to the construction of 3,501 toll roads with the construction of Rp. 142.8 billion per kilometer. The funds are also equivalent to the budget for the toll road work in Sumatra which has not been fully connected.
In addition, the jumbo funds are also comparable to the construction of 41,666 public health navels (Puskesmas) with a cost per unit of Rp12 billion. The benefits of this development can be felt by the community, especially for those living in 3T (Louted, Outermost, and Leading) areas.
That was the price of pertalite and diesel if subsidized, as well as the total amount of energy subsidy budget for 2022. Sri Mulyani wants the energy subsidy policy to be adjusted so that it is not more beneficial for the community.
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