Indonesian Journal of Multidisciplinary Sciences
Vol. 2 No. 1 (2023): Indonesian Journal of Multidisciplinary Sciences (IJoMS)

ANALYSIS OF THE EFFECT OF FUEL SUBSIDY POLICY ON ECONOMIC GROWTH IN INDONESIA

Amanda, Debby (Unknown)
Fadila, Zuyyina Nur (Unknown)
Leonita, Afriza (Unknown)
Uswatunnabila, Anissa (Unknown)
Nurhaini, Siti (Unknown)
Saputri, Sandra (Unknown)

Article Info

Publish Date
30 Jun 2023

Abstract

This study aims to determine the effect of fuel subsidy policy on economic growth in Indonesia. Fuel oil (BBM) is one of the energy needed by the community as fuel for vehicles, both private and for public vehicles. In Indonesia, the fuel price increased in September 2022, where one example is the price of pertalite fuel, which was originally IDR 7,650 per liter to IDR 10,000 per liter. One of the factors causing this is the conflict between Russia-Ukraine which affects world oil prices to increase. To overcome this, the government made several policies including providing fuel subsidies to the community to launch their activities to increase economic growth in Indonesia. Keywords: Fuel, Subsidy Policy, Economic Growt

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Journal Info
Indonesian Journal of Multidisciplinary Sciences
Website

Abbrev

IJOMS

Publisher

CV. Era Digital Nusantara

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Indonesian Journal of Multidisciplinary Sciences is a scientific journal published by CV. Era Digital Nusantara. The papers to be published in IJoMS are research articles (quantitative or qualitative research approaches), literature studies or original ideas that are considered to contribute to ...