However, Sri Mulyani did not explain in more detail how much the increase will be and when it is going to be implemented.
She ensured that electricity price for other categories will remain the same, as with LPG and fuel (BBM). Thus, the government will increase the budget for energy subsidies and compensation fund.
The energy subsidies budget was increased to Rp74.9 trillion, Rp71.8 trillion for fuel and LPG, and around Rp3.1 trillion for electricity.
Compensation fund for fuel and LPG is estimated to reach Rp324.5 trillion in 2022 with the additional Rp216.1 trillion comprising Rp194.7 trillion for fuel and Rp21.4 trillion for electricity. (at)