Govt limits volume of subsidized fuel at 46 million kl
Saturday, June 21 2014 - 03:51 AM WIB
The government has limited the volume of subsidized fuel products this year at 46 million kilo liters.
Minister of Finance Chatib Basri said in a statement obtained Saturday that the 2014 State Budget has no room for exceeding the quota.
Vice Minister of Finance Bambang PS Brodjonegoro said that in a bid to help avoid the quota from exceeding, there are a number of measures that can be implemented including by enforcing the existing regulations which ban the use of subsidized fuel products by mining and plantation industries, intensifying measures to curb fuel smuggling, and limiting consumption of subsidized fuel by motorists.
Editing by Reiner Simanjuntak