Back to today’s briefing

Story perspectives

Indonesia Faces Fiscal Pressure as Mudik Journeys Soar Amid Oil Surge

3/17/2026

47 4 Full Breakdown

Summary

Story summary

The Ministry of Transportation (MoT) estimates 143.9 million journeys will occur during this year's mudik.
Around half of Indonesia's 288 million people take part in mudik annually.
Oil prices have surged past US$100 per barrel due to the US-Israeli war on Iran, exceeding Jakarta's US$70 budget assumption.
Indonesia is a net oil importer and subsidizes fuel for citizens.
The price surge imposes fiscal pressure on Jakarta's budget.

1 of 1

Story summary

The Ministry of Transportation (MoT) estimates 143.9 million journeys will occur during this year's mudik.
Around half of Indonesia's 288 million people take part in mudik annually.
Oil prices have surged past US$100 per barrel due to the US-Israeli war on Iran, exceeding Jakarta's US$70 budget assumption.
Indonesia is a net oil importer and subsidizes fuel for citizens.
The price surge imposes fiscal pressure on Jakarta's budget.