{"id":143204,"date":"2018-10-13T08:38:27","date_gmt":"2018-10-13T01:38:27","guid":{"rendered":"https:\/\/setkab.go.id\/?p=143204"},"modified":"2018-10-15T07:50:04","modified_gmt":"2018-10-15T00:50:04","slug":"no-hike-in-fuel-price-in-near-future-president-jokowi-says","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/","title":{"rendered":"No Hike in Fuel Price in Near Future, President Jokowi Says"},"content":{"rendered":"<div id=\"attachment_143205\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA.jpg\" rel=\"attachment wp-att-143205\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-143205\" class=\"size-medium wp-image-143205\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA-300x199.jpg\" alt=\"President Jokowi answers the reporters\u0092 questions after distributing cash bonuses to the 2018 Asian Para Games medalists at the Bogor Presidential Palace, West Java on Saturday (13\/10). (Photo by: Oji\/Public Relations).\" width=\"300\" height=\"199\" srcset=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA.jpg 300w, https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA-150x100.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-143205\" class=\"wp-caption-text\">President Jokowi answers the reporters\u0092 questions after distributing cash bonuses to the 2018 Asian Para Games medalists at the Bogor Presidential Palace, West Java on Saturday (13\/10). (Photo by: Oji\/Public Relations).<\/p><\/div>\n<p>President Joko \u0093Jokowi\u0094 Widodo said there will be no increase in fuel prices in the near future.<\/p>\n<p>\u0093No, I&#8217;ve canceled it. It has been calculated, and the figures are very realistic,\u0094 President Jokowi told the reporters after distributing cash bonuses to the 2018 Asian Para Games medalists at the Bogor Presidential Palace, West Java on Saturday (13\/10).<!--more--><\/p>\n<p>According to the President, the Government had discussed the possibility of fuel price hike a month ago. The rise was planned in all types of fuel, including <em>Premium<\/em>, <em>Pertamax<\/em>, and <em>DEX<\/em>.<\/p>\n<p>\u0093We decided to raise the price because the ICP (Indonesian Crude <em>oil<\/em> Price) and Brent prices also went up,\u0094 the President said.<\/p>\n<p>However, the President continued, there was a calculation of how inflation and purchasing power as well as the economic growth will affect the profit of Pertamina (state-owned oil and gas company) if the price remains raised.<\/p>\n<p>Finally, President Jokowi admitted that he recalculated the price because the rise \u00a0would conflict with the interests of the people and reduce their purchasing power and consumption.<\/p>\n<p>The President also explained that 56 percent of the current economic growth is still based on consumption. The Government is now trying to change it to production but it has not yet accomplished.<\/p>\n<p>\u0093I received the latest report from Pertamina yesterday. The report shows how much Pertamina will get profit if the price is raised and I think the profit is not too significant. So, I have decided to cancel the premium\u0092s price rise,\u0094 President Jokowi said.<\/p>\n<p>Regarding the calculation of the price increase, President Jokowi suggested the reporters to ask this issue to Pertamina&#8217;s CEO. (<strong>UN\/OJI\/ES<\/strong>) (<strong>GWH\/MMB\/Naster)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joko \u0093Jokowi\u0094 Widodo said there will be no increase in fuel prices in the near future. \u0093No, I&#8217;ve canceled it. It has been calculated, and the figures are very realistic,\u0094 President Jokowi told the reporters after distributing cash bonuses to the 2018 Asian Para Games medalists at the Bogor Presidential Palace, West Java on [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":143205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[],"class_list":["post-143204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>No Hike in Fuel Price in Near Future, President Jokowi Says - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Hike in Fuel Price in Near Future, President Jokowi Says - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"President Joko \u0093Jokowi\u0094 Widodo said there will be no increase in fuel prices in the near future. \u0093No, I&#8217;ve canceled it. It has been calculated, and the figures are very realistic,\u0094 President Jokowi told the reporters after distributing cash bonuses to the 2018 Asian Para Games medalists at the Bogor Presidential Palace, West Java on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-13T01:38:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-15T00:50:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"199\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"No Hike in Fuel Price in Near Future, President Jokowi Says\",\"datePublished\":\"2018-10-13T01:38:27+00:00\",\"dateModified\":\"2018-10-15T00:50:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\"},\"wordCount\":323,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2018\/10\/SWDA.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\",\"url\":\"https:\/\/setkab.go.id\/en\/no-hike-in-fuel-price-in-near-future-president-jokowi-says\/\",\"name\":\"No Hike in Fuel Price in Near Future, President Jokowi Says - 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