Indonesia’s government has confirmed it will maintain the price cap on subsidized Pertalite gasoline, rejecting calls to adjust domestic fuel prices despite persistent elevation in global crude benchmarks.
Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the administration remains committed to the current subsidy framework, aiming to shield consumers from international volatility.
5 billion as Brent crude settles within the US$70 to US$90 per barrel range.
The move reinforces the fiscal stance outlined by Finance Minister Purbaya Yudhi Sadewa, who recently asserted that the 2026 State Budget (APBN) remains resilient even as global crude prices surge.
By holding the line on fuel subsidies, Jakarta signals that it has sufficient fiscal headroom to absorb higher import costs without immediate recourse to price hikes that could trigger inflationary pressures.
This policy continuity contrasts with regional peers facing similar fiscal strains.
Malaysia, for instance, has seen monthly fuel subsidy expenditures remain near RM3.5 billion as Brent crude settles within the US$70 to US$90 per barrel range.