- VIVAnews/ Muhamad Solihin
VIVAnews - The International Monetary Fund (IMF) said in a statement that fuel control should in no time be applied in Indonesia in response to the soaring oil prices and rising fuel subsidies.
Milan Zavadjil, IMF Senior Resident in Indonesia, said the it could have been more productive for the government to allocate fuel subsidies to other sectors.
"The government needs to restrict fuel consumption not only due to the increasing oil prices but to reduce unproductive spending of resources," said Milan on Tuesday.
The government, said Milan, may prepare the perfect scheme as regards fuel control to protect low-income people such as those possessing motorbikes.
Earlier, Finance Minister Agus Martowardojo expected subsidized fuel control can be implemented as soon as possible. In fact, gradual removal of Premium subsidized fuel will be possible.
"Should fuel control be delayed, [the State Budget] will be gaining more pressure," said Agus.
Today, the prices of non-subsidized fuel of Pertamax have been revised to Rp9,050 per liter, twice as much as Premium fuel prices of Rp4,500 per liter.