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Tagged: Banking, Fuel, Joint, Business, Stock, Daily, and, Economics, import, index, Indonesia, International, Investors, Jakarta, dexport Answer, Reduce, Capital, National, Market, property, stocks, subsidies, Responsibility, Press, Entrepreneurial
JAKARTA - Minister of Energy and Mineral Resources (ESDM) Wacik stated efforts to reduce imports of fuel oil (BBM) and reducing fuel subsidies are not the responsibility of government alone, but also the community as well as motor vehicle manufacturers.
Wacik said fuel subsidy reached Rp 400 trillion this year. Not to mention the fuel and crude oil imports reached 500 thousand barrels per day. He called fuel subsidy savings dexport could be allocated for infrastructure development so as to improve the welfare of society.
Further Wacik asked manufacturers of motor vehicles belonging to the Indonesian Automotive Industry Association (Gaikindo) to produce fuel-efficient cars. "Gaikindo dexport do not just sell cars. But come to think of as well. If the vehicle wasteful and burdensome subsidies, "he said.
In a road test utilization 20% biodiesel (B20) in a motor vehicle, lend association said six units of four-wheeled vehicles. Biodiesel is a biofuel (BBN) is blended into fuel oil (BBM). As much as 20% biofuel mixture is called B20. (Rap)
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