Minister of MINERAL RESOURCES Ministry remind keep FUEL consumption

Finance Minister Agus Martowardojo (Between)

Jakarta (Reuters)-Finance Minister Agus Martowardojo reminded the Ministry of energy and Mineral resources of the importance of maintaining the subsidized fuel oil consumption by 2013 set out of 46 million tonnes.

"For me, it is important to keep the subsidized FUEL at level 46 million tonnes and a sector that maintain it was the Ministry of MINERAL RESOURCES along with the range," he said here on Thursday.

According to the Minister, the excess of 46 million tonnes of quota shall interfere with national fiscal health because of the burden of budget subsidies of energy grew, and it means the Government can promptly adjust the subsidized fuel prices.

To that end, he undertook the coordination meetings with Curfew Jero Wacik because subsidized FUEL volume problem is becoming an important attention should soon found the solution.

"It's so our attention and we will re-confirm if it was like that. For that we need to have a meeting soon, "said Coordinating Minister of finances.

Deputy Minister of MINERAL RESOURCES Rudi Rubiandini said one effective solution regarding the consumption of subsidized FUEL is to do a price adjustment, because control policies is very difficult to do.

"The most easy is to raise subsidized fuel prices, as revealed in macro and micro economics, it's worth was raised," he said.

Rudi said the possibility of jebolnya the volume of subsidized FUEL from the STATE BUDGET has set 2013 amounting to 46 million tonnes of very large, because the number of motor vehicles has increased every year.

In fact, when the Government adjusts the premium price and subsidized diesel to Rp 6,000 per liter, the likelihood of excess use of subsidized FUEL remains there until you reach 48,67 million tonnes.

"Indeed the determination of 46 million tonnes of quota is wrong, because it is made base-on 40 million tonnes. But the volume could reach 48,67 million tonnes if the price goes up, but if not go up (consumption) could reach 50 million tonnes, "said Rudi.

According to the data of the Ministry of finance, the realization of energy subsidy shopping in December 2012 NATIONAL BUDGET has exceeded the pagu-change set of Rp202,4 trillion which reached Rp306,5 trillion or excess 151,5 percent.

This caused realization of FUEL subsidies reached Rp211,9 trillion or excess 154,2 percent from pagu amounting to Rp137,5 trillion and the realization of the electric subsidy reached Rp94,6 trillion or excess 145,6 percent from pagu Rp65 trillion.

Meanwhile, on LAMMA ISLAND 2013, the Government provides FUEL subsidies allocation amounting to Rp193,8 trillion and Rp80,9 trillion for electricity subsidies, with the volume of subsidized FUEL set of 46 million tonnes.

(S034/N002) Editor: J

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