Fuel prices spike in Indonesia after President Joko Widodo trims government subsidies

Indonesia’s domestic petrol and diesel prices spiked by about 30 per cent after President Joko Widodo announced on September 2, 2022, a reduction in government fuel subsidies. The nation saw widespread protests the last time fuel prices rose in 2014. The opposition Labour Party has organised a demonstration on September 6 to oppose the recent subsidy cuts.