Indonesia implements measures to stabilise rice supply, rice prices
Jakarta (VNA)
– Indonesia is facing a scarcity of premium-grade rice in retail
stores as a result of producers pegging rice prices at a high level.
Accordingly, a
significant increase in prices was recorded in premium-grade rice, from around 13,000 Rp (0.83 USD) per kg to
about 16,000 – 17,000 Rp (1.02-1.08 USD) per kg.
The
Indonesian Retail Entrepreneurs Association (Arprindo) complained about
difficulties in receiving premium-grade rice in the five-kilogram package.
Head of the National Food Agency (Bapanas) Arief Prasetyo Adi said that the agency is implementing measures to ensure
rice supply and stabilised rice prices in Indonesia.
Of the measures are to speed
up the unloading process for ships carrying imported rice at ports across the
country; continue to distribute 200,000 tonnes of commercial rice from the State
Logistics Agency (Bulog) including 50,000 tonnes to Cipinang central rice
market in Jakarta; distribute rice under the Food Supply and Price Stabilisation
Programme (SPHP) to traditional markets and retail stores, and continue the Cheap
Food Movement (GPM) nationwide.
Arief said about 1.2
million tonnes of rice will be distributed to stores. The distribution of rice
support will still take place on February 15, after the 2024 general election
on February 14. Previously, the Indonesian government temporarily stopped the
distribution of rice support from January 8 -14 to ensure election activities.
He also affirmed that the distribution was planned previously and there was no
politicisation of food support.
Ahead of the expected big
harvest in March, Bapanas, the Ministry of Agriculture, and relevant
stakeholders will optimise rice absorption to prevent farmer-level price drops.
At the same time,
replenishing the Government Food Reserves (CPP) from domestic production will
be prioritised./.