TEMPO.CO, Jakarta – The Energy and Mineral Resources Ministry admitted that they are having difficulties in collecting debts in the oil and gas upstream sector because most oil and gas company contracts have expired. “Many of their [contracts] have been terminated. What should we do?” said Inspector General of the Energy and Mineral Resources Ministry Mochtar Husein […]
Read MoreTEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Darmin Nasution said that the government will issue policies to solve economic inequality, which include the provision of capital resources to the people. “We already have the infrastructure, the industry. They help [achieve] growth. We have to compliment them to achieve equality that would support, provide capital […]
Read MoreTEMPO.CO, Jakarta – Deputy Finance Minister Mardiasmo said that in Indonesia is aiming for economic growth of around 6.1 percent in 2018. To achieve the target, the government expects Indonesia’s economic growth to reach above 5.1 percent this year by stepping up infrastructure development, among others. “The President is stepping up infrastructure development through subsidies. […]
Read MoreTEMPO.CO, Jakarta – Minister of Energy and Mineral Resources Ignasius Jonan said the price of fuels controlled by the government, which are Premium and Solar, will not increase from April until June this year. According to him, the government continues to maintain the prices and make them stable amidst the rising global oil price. Jonan added […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani says that Indonesia 6 percent economic growth is possible if helped by high investment growth. According to Sri Mulyani, investment is one of the main factors that influence economic growth. “If the investment can grow 8 percent, 6 percent economic growth is possible,” she said at the parliamentary […]
Read MoreTEMPO.CO, Jakarta – The government has decided not to change electricity tariffs for 12 customer categories, which has been adjusted just recently. The government assured that electricity tariffs will not increase until June 2017. According to Energy and Mineral Resources Minister Regulation No. 18 of 2017 on Electricity Tariffs, the tariffs for the 12 customer categories […]
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