Indonesia Today

Gasoline prices rise in Indonesia at a time when world oil prices fell
Strange and real that have occurred in the Republic of Indonesia at a time when world oil prices dropped drastically even the administration of President of the Republic of Indonesia Joko Widodo announced to raise the price of gasoline in the country.

Last night Joko Widodo announced the price of fuel in the country. Gasoline prices rose to previous Rp.8500 Rp.6500 and diesel prices rose to previous Rp.7500 Rp.5500.

This occurs because the backup fuel for subsidies have to be discharged in November. The increase in fuel prices effective at 24.00 pm 11/18/2014.

This is something new in which an early presidential administration to raise fuel prices in the country. And the first country in the world to raise fuel prices in the country where the decline in world oil prices.