(EnergyAsia, June 24, Wednesday) — Indonesia’s state finances will come under pressure as rising electricity demand will drive up subsidy payments. The government is worried that the budget allocation for the electricity subsidy could exceed 48 trillion next year, sharply higher than the 42.46 trillion rupiah this year. (US$1=10,100 rupiah). Indonesia’s electricity consumption is expected…
INDONESIA: Cost of electricity subsidy could exceed 48 trillion rupiah
Posted on June 23, 2009 by EnergyAsia