Luhut Announces Limitation on Subsidized Fuel Purchase Starting from August 17th, Here's What Erick Thohir Says

Luhut Umumkan Pembelian BBM Subsidi Dibatasi Mulai 17 Agustus, Ini Kata Erick Thohir

Luhut Announces Restriction on Subsidized Fuel Purchase Starting August 17, Here's What Erick Thohir Says

Dream - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan announced that the government will limit the purchase of subsidized fuel, which will take effect from August 17, 2024. He said that PT Pertamina (Persero) has started preparing for the implementation of this restriction.

Luhut Announces Limitation on Subsidized Fuel Purchase Starting from August 17th, Here's What Erick Thohir Says

"He hopes that on August 17, 2024, people who are not eligible for subsidies will no longer be able to use subsidized fuel. 'The provision of subsidies that are not appropriate, now Pertamina is preparing and I hope that on August 17, we can already start where people who are not entitled to subsidies will be able to reduce, we calculate it there,' he said quoted from Liputan6.com, Thursday, July 11, 2024."

According to him, restrictions are one way to reduce consumption and pollution. This is in line with the transition from fuel to bioethanol. "So that air pollution can also be reduced quickly, because this sulfur is more than 500 ppm, we want the sulfur to be 50 ppm. Well, this is currently being processed by Pertamina. Well, if all of this goes well, I think we can save more," he said through his Instagram account @luhut.pandjaitan.

Minister of State-Owned Enterprises, Erick Thohir, also speaks up about the discourse on restricting the purchase of subsidized fuel. He explained that since the beginning of this year, the government has sacrificed by not raising fuel prices. However, the government is now facing a complex situation that makes the cost of fuel subsidies even heavier.

"The government also understands very well the difficulties why fuel prices did not increase in January, March-April, because the purchasing power of the society is being suppressed."

"Stated Erick Thohir as quoted from Merdeka.com."

Apparently Erick cannot confirm whether the restriction on purchasing fuel per August 17, 2024 has been finalized or not. "But if we look at the weakening Rupiah along with the rising oil prices, actually the subsidy becomes even larger," he added.

As Minister of State-Owned Enterprises, Erick will follow the existing policies. According to him, the discourse on those policies does not need to be polemicized. Because it has been discussed year after year.

"Don't need to be polemicized, it's something that I feel has been discussed from year to year. As the Minister of State-Owned Enterprises, I just need to wait for the policy. Because if we are in State-Owned Enterprises, the minister is concerned with corporations, not policies."

"ungkapnya" translates to "he/she expressed."

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