JAKARTA Minister of Finance (Menkeu) Sri Mulyani said that the government has allocated Rp7 trillion in electricity motorcycle subsidies programs. According to her, this figure is distributed in two budget periods, namely 2023 and 2024.
It was explained that this year the value of electric motor subsidies was IDR 1.75 trillion. This amount will be distributed in the form of new electric motorcycle subsidies of 200,000 units and the conversion of conventional motors to electricity of 50,000 units each amounting to IDR 7 million.
"For electric motors in 2023, the budget needed is IDR 1.75 trillion," he said when to the media crew earlier this week.
The Minister of Finance added that for the 2024 period, the budget allocation provided by the government was IDR 5.25 trillion.
"Untuk tahun 2024, subsidi motor listrik sebanyak 600,000 unit dan motor konversi sebanyak 150,000 unit," tuturnya.
The state treasurer also said that the electricity motor subsidy budget would be managed by two different ministries.
The Ministry of Industry will handle the new electric motor. Meanwhile, the motor conversion to the Ministry of Energy and Mineral Resources (ESDM)," he said.
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