National Economic Recovery Program Update
INCREASED SUBSIDIES AND COMPENSATION SPENDING TO MAINTAIN PEOPLE'S
PURCHASING POWER AND SUPPORT ECONOMIC RECOVERY
Source: Ministry of Finance
(IDR Trillion)
2021
Budget
I. Energy Subsidy
140.4
134.0
208.9
2022
Revised Realization
Budget (Unaudited)
171.9
Difference to The
Revised Budget
-37.1
a. Fuel & LPG
83.8
77.5
149.4
115.6
-38.8
-BBM
16.2
11.3
14.6
15.2
0.6
-LPG
67.6
66.3
134.8
100.4
-34.4
b. Electricity
56.6
56.5
59.6
56.2
-3.3
II. Compensation
47.9
18.5
293.5
379.3
85.8
a. Fuel
30.0
18.5
252.5
307.2
54.7
b. Electricity
17.9
41.0
72.1
31.1
Subsidy + Compensation
188.3
152.5
502.4
551.2
48.7
ICP (USD/Barrel)
68.5
63.0
100.0
97.0
Exchange Rate (IDR/USD)
14,312.0
14,350.0
14,450.0
14,871.0
Volume (Million KL)
14.6
15.6
15.6
16.5
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