Worldwide stir over fuel price hike: Indonesia, Czech Republic, and other nations face heat. Watch here

As anger mounted over the Indonesian government’s decision to increase the cost of subsidized fuel by 30%, thousands of people across Indonesia joined demonstrations.

After weeks of speculations about the possible hike in subsidized energy prices due to the ballooning energy subsidy budget, President Joko Widodo announced the 30% increase in subsidized fuel prices on Saturday.

Who will be impacted by the fuel price hike decision?

In a statement issued by the Indonesian Trade Union Federation head Said Iqbal informed that close to 5,000 people would protest on late Monday to demand the government revoke the decision to hike subsidized fuel prices. The protest would take place in Jakarta.

Thousands of other people will also protest elsewhere. According to the statement, the fuel price hiking decision has hit the urban poor the hardest, including the farmers, workers, and fishermen.

How people are venting anger?

On the weekend and Monday, small rallies took place where students and workers vented anger over the decision by burning tyres and blocking roads. The govt. The decision came when the Indonesian economy was still dizzy from the pandemic’s impact and the rising food prices.

Sri Lanka’s economic crisis worst ever, big protests on

​Worst economic crisis

Sri Lanka is in the grips of its worst economic crisis since independence from Britain in 1948. The island nation’s 22 million people are suffering through chronic shortages and lengthening blackouts.

Government’s response to the protest

On Tuesday, Jakarta police spokesperson Endra Zulpan said that nearly 7000 officers were deployed in and around the capital city ahead of the Tuesday protests. At the same time, regional authorities were instructed by the national police chief to explain why it was necessary to hike fuel prices as this would help them maintain calm.

The government has rolled out a series of compensation measures to soften the blow of price hikes as subsidized fuel is a politically sensitive matter in the country. Among the measures, direct cash transfers are one of those.

The president on Saturday said that the price hike was his last option because of the increasing fiscal pressure.

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