Indonesia may remove energy subsidies by 2014-2015

Indonesia may scrap electricity and fuel subsidies by 2014-2015 so that energy prices reflect actual market rates and reduce financial burden on the state, the mines and energy minister said.
Indonesia’s Finance Minister, Sri Mulyani Indrawati, has previously said that spending on subsidized electricity and fuel would rise to 143.8 trillion rupiah (US$15.81 billion) in 2010, up from her earlier budget target of 106.5 trillion rupiah (US$11.71 billion). The issue of energy subsidies is very sensitive politically in Indonesia, where attempts to raise fuel prices in the past have sometimes sparked riots and where ministers from the various coalition parties are deeply divided over policy. (March 23, 2010)