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Bangkok Post

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INSANE: Indonesia hikes fuel prices 30 | Rare Historical Photos

Indonesia Jakarta Inflation Pertamina

Motorcyclists wait in line to refill their tanks at a Pertamina petrol station in Jakarta. (Reuters File Photo)

JAKARTA: Indonesia has raised its heavily subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

The price of subsidised gasoline was increased on Saturday afternoon to 10,000 rupiah (24.60 baht) a litre from 7,650 rupiah (19 baht), while that of subsidised diesel increased to 6,800 rupiah (16.65 baht) from 5,150 rupiah (12.60 baht), Energy Minister Arifin Tasrif said.

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