The Indonesia Government Has Raised The Electricity Price To 18%.
Indonesia
The Ministry of energy recently announced that the government has agreed to limit the proposed electricity bill to 18%, a move strongly criticized by industry circles.
Darwin, Minister of energy and mining, told the seventh Representative Committee of the house of representatives that the electricity charge increased to 18% in the industrial sector, and the average increase was 10-15%.
In July 1st, the Ministry of energy and mineral resources issued a ministerial guidance for new electricity charges.
In consultation with the house of Representatives and business groups, the government promised that the maximum increase in electricity charges would be 18%, which would average 10%.
Later, however, the proposal was severely criticized by many business organizations, who declared that the actual rate of improvement was higher than the government's guarantee.
Lin Miankun, the president of the Indonesia Employees Association, said that according to their calculations, the actual range of electricity charges increased by about 39-101%.
In addition, many other institutions in the house of Representatives, 32.
Business organization
The Sixth Committee of the house of Representatives, which monitors trade, industry and investment, calls for the suspension of this rule.
Indonesia
Textile Association
Sutter Radja, vice president of Indonesia, said that the recent increase in electricity tariffs will raise the price of textiles in the country by 7.2%.
He insists that this will make domestic products lose competitiveness in other countries, because their price increases have no effect on imported products.
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