Rp. 3 trillion subsidies for every US$ 1 increase in oil prices
— yulyanto
closeAuthor: yulyanto
Name: Yulyanto
Site: http://www.yulyanto.com
About: I was born on July, 16th of 1979, after graduate from Senior High School on 1996, I was continued my study at University of Persada Indonesia YAI (Jakarta) on 2002, majoring in Bachelor of Accounting and then continue my study in the same institution, success to get Master of Management especially Finance Management on 2005. After finish my first Master degree in Management, I’ve got the second Master of Law at University of Indonesia (Jakarta), especially in Economics Law on 2007 by Office’s Scholarship.
I have been working at PT Sanwell Austindo-Jakarta (www.austindocorporation.com), my last position as a Finance Manager, and then start on May 2007 I have been moving as a Marketing Manager, but until now I am still responsible as an Internal Control Manager at PT Austindo Perdana- Bali (Austindo Groups).
In my spare time, usually I am always reading and writing something. Until now, I have been contributed my opinion by some media, like’s science journal, articles, blogs and also in my personal website too (www.yulyanto.com).
Someday, I hope that my written will be useful for anything all in the world ………..............................…See Authors Posts (285) • May 28th, 2008
For the first time, world oil prices broke more than US$ 135 per barrel on fears of demand exceeding supply.
This condition of course will influence so many aspect, especially government subsidies for energy.
Finance ministry head of fiscal policy, Anggito Abimanyu said that every US$ 1 increase in oil prices, the government will take in an additional Rp. 3 trillion for energy subsidies.
For this year (2008), the government has allocated Rp. 201 trillion for energy subsidies.
Topic: Business, Industry, News
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