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Story summary
- Indonesia faces limited options to address rising oil prices tied to the Middle East conflict.
- President Prabowo Subianto's government may need to rethink energy subsidies and the school meals program.
- Analysts say cutting fuel subsidies could save up to 100 trillion rupiah.
- Finance Minister Purbaya Yudhi Sadewa warned that oil prices above US$92 per barrel could push the deficit to 3.6% of GDP.
- Past price hikes have led to unrest.
