The Palm Scribe

Government has high hopes for B20 policy

The Jakarta Post, 3 August 2018

The government is aiming to reduce the country’s current account deficit by one third and achieve a positive trade balance by the end of 2018 through the upcoming expansion of the B20 policy. President Joko “Jokowi” Widodo said that the government has calculated that the policy would save the country up to $5.9 billion a year in foreign exchange, as dependency on fuel imports would decrease. Economic Affairs Coordinating Minister Darmin Nasution added that Indonesia would be able to reduce fuel imports by 4.3 million to 4.5 million kilolitres per year by using B20 fuel.

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