Permenkeu no 2 tahun 2024 - belanja subsidi energi-Guide to Energy Subsidy Policy

Introduction to Permenkeu No. 2 Tahun 2024 - Belanja Subsidi Energi

Permenkeu No. 2 Tahun 2024 pertains to the regulations set by the Indonesian Ministry of Finance regarding the calculation methods for a specific percentage of the increase in energy subsidy expenditure and/or energy compensation charged against the increase in Non-Tax State Revenue (PNBP) from natural resources, specifically oil and gas (migas) and coal mining, which is shared with regional governments. This regulation aims to ensure fiscal sustainability and manage the burden of energy subsidies on the national budget more effectively. By applying a formula-based approach, the regulation allows for a portion of the increased revenue from natural resources to be allocated towards covering the increased costs of energy subsidies, thus mitigating the financial impact on the state budget. An example scenario illustrating its application could be when there is a significant rise in global oil prices, leading to increased PNBP from oil and gas beyond the targeted amount in the state budget (APBN), accompanied by a rise in subsidy expenditures. This regulation would then determine how much of the revenue increase can be used to offset the subsidy costs, ensuring that the additional financial burden does not fall solely on the government. Powered by ChatGPT-4o。