Energy snapshot

Fossil fuel subsidies in Indonesia, 2005 – 2016

Indonesia has been taking action on fossil fuel subsidies in recent years. The so-called “big bang” removal of subsidies in early 2015, along with efforts to target remaining subsidies to poor households and low oil prices, have been successful in significantly reducing the amount of subsidies. Spending on fossil fuel subsidies in 2016 is projected to amount to less than 1% of GDP, versus more than 3% in 2014.

Source: Fossil Fuel Subsidy Reform in Mexico and Indonesia

27 December 2016

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