Minister of Finance Sri Mulyani Indrawati revealed that the original price of Liquefied Petroleum Gas (LPG) of 3 kilograms (kg) reached IDR 42,750 per cylinder and diesel fuel of IDR 11,950 per liter.
However, Sri Mulyani explained that the retail selling price or from Pertamina's official base to the distribution agent for 3 kg LPG was IDR 12,750 per tube. Whereas the price should be IDR 42,750 per tube.
In addition, he also gave an example of people buying diesel fuel for Rp. 6,800 per liter. Meanwhile, the price should be Rp. 11,950 per liter.
Sri Mulyani explained that the current price for buying goods such as 3 kg LPG, diesel, pertalite, kerosene, household electricity for a maximum of 900 VA, urea fertilizer and NPK fertilizer should not be the price, because these items receive assistance in the form of subsidies or compensation.
"Then, who bears the excess of Rp. 30,000 per 3 kg LPG cylinder and Rp. 5,150 per Solar liter? The government, through APBN Expenditures from taxes you pay," he said in a personal upload of the official Instagram account @smindrawati, quoted Friday, January 23.
Sri Mulyani explained that subsidies and compensation not only protect the most vulnerable community groups, but also middle class groups benefit strategically.
According to Sri Mulyani, this is a tangible form of the benefits of the state budget which can be enjoyed directly by the community.
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"Through subsidy spending and APBN compensation, it protects people's purchasing power so that our economy continues to move in the midst of geopolitical pressures and global situations that are full of uncertainty," he said.
It is known, during 2024, the amount of subsidies and compensation disbursed by the APBN, namely LPG 3 kg amounting to Rp80.2 trillion for 40.3 million customers, Solar amounting to Rp89.7 trillion for more than 4 million vehicles.
Then, Pertalite amounted to Rp56.1 trillion for more than 157.4 million vehicles, Land Oil worth Rp4.5 trillion for 1.8 million households, Electricity RT 900 VA amounting to Rp156.4 trillion for 40.3 million customers (via subsidies) and 50.6 million customers (through compensation), and Pupuk Urea and Pupuk NPK Rp47.4 T as much as 7.3 million tons of fertilizer for farmers.
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