Updated
Updated · Tempo.co English · Jun 22
Indonesia Cuts LPG, Plastic and Aircraft Parts Import Duties to 0%, Targeting Rp2.25 Trillion Gain
Updated
Updated · Tempo.co English · Jun 22

Indonesia Cuts LPG, Plastic and Aircraft Parts Import Duties to 0%, Targeting Rp2.25 Trillion Gain

3 articles · Updated · Tempo.co English · Jun 22

Summary

  • Indonesia has waived import duties on LPG for petrochemical use, plastic raw materials and aircraft spare parts under its second-half 2026 stimulus package.
  • The LPG tariff was cut from 5% to 0% to ease production costs and offset price pressure after Middle East conflict pushed up global LPG prices.
  • Airlangga Hartarto said the plastic raw-material waiver is meant to give manufacturers alternatives to naphtha and help contain inflation because plastic remains the main food-packaging material.
  • The government estimates the package will deliver up to Rp2.25 trillion in economic benefits through lower industrial costs and multiplier effects, while the aircraft-parts waiver is aimed at boosting aviation MRO competitiveness.

Insights

Will slashing import duties on virgin plastic undermine Indonesia's circular economy goals?
With billions in stimulus, will consumers see lower prices or will industries just pocket the savings?
Is this stimulus a lasting industry cure or a temporary patch on global market volatility?