Bulog to Enact Rice Imports as Domestic Reserves Run Low

Translator

Ricky Mohammad Nugraha

Editor

Petir Garda Bhwana

Kamis, 24 November 2022 10:08 WIB

TEMPO.CO, Jakarta - The State Logistics Agency (Bulog) has conjured up a plan that will see the agency importing rice from overseas to meet its minimum domestic reserve standard after Bulog director Budi Waseso said Bulog is authorized to enact the decision made in a joint ministerial meeting.

“This is the decision produced by a limited coordination meeting (rakortas) where every State Minister pitched in. Bulog is only enacting what the orders are,” said Budi Waseso at the Senayan Parliamentary headquarters on November 23, Antaranews reported.

The rice import order is said to secure supplies which are currently claimed to be only 594,000 tons and to stabilize the domestic value of rice through a government “market operation,” which is when the government distributes lower-than-market prices.

He claims the order to import also comes from the fact that the government must have a readily-disbursed rice reserve for potential disasters, government social assistance, and other events. Procuring supplies from domestic production, he claims, cannot be carried out as local production does not suffice.

Head of the National Food Agency Arief Prasetyo Adi said Bulog could not absorb rice at the farmer level due to limited domestic supplies. This condition is different from that disclosed by the Ministry of Agriculture.

"An example, PT Abadi Langgeng Gemilang Jember only has a reserve of 7,000 tons from information on stock readiness by the Ministry of Agriculture of 100,000 tons," he said.

He added that there were discrepancies in the data reported by the Ministry of Agriculture with the facts in the field.

ANTARA

Click here to get the latest news updates from Tempo on Google News

Related News

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

1 hari lalu

Turkey Halts All Trade with Israel, Cites Worsening Palestinian Situation

Turkey stopped all exports and imports to and from Israel as of Thursday, May 2, the Turkish trade ministry said.

Read More

The Import Restrictions Boomerang

4 hari lalu

The Import Restrictions Boomerang

The restrictions on the imports of goods caused problems for many industries. They could become an opportunity for bribery and corruption.

Read More

Trade Minister Says Import Restriction Policy Aims for Consumer Protection

10 hari lalu

Trade Minister Says Import Restriction Policy Aims for Consumer Protection

Minister Zulhas explains that the carry-on import restriction policy was carried out to protect domestic consumers.

Read More

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

12 hari lalu

Statistics Indonesia: Iran-Israel Conflict Bears No Significant Impact on Indonesian Trade

Statistics Indonesia or BPS assesses that the geopolitical conflict between Iran and Israel has no significant impact on Indonesian trade.

Read More

Jokowi Aims to Up Corn Productions, Reduce Imports During Gorontalo Visit

12 hari lalu

Jokowi Aims to Up Corn Productions, Reduce Imports During Gorontalo Visit

Jokowi directly inspected the corn harvest in Boalemo Regency, Gorontalo on Monday, April 22, 2024.

Read More

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

18 hari lalu

Govt Annuls Policy Restricting Migrant Workers' Carry-on Goods

The government decides to revoke regulations restricting migrant workers' carry-on goods from aboard.

Read More

Expert Explains Effect of Rupiah Weakening Against Import Prices

21 hari lalu

Expert Explains Effect of Rupiah Weakening Against Import Prices

Commodity and currency observer Lukman Leong believes that the depreciation of the rupiah exchange rate will impact the increase in import prices.

Read More

Border Patrol Discovers Hundreds of Kilograms of Rice and Cooking Oil

23 hari lalu

Border Patrol Discovers Hundreds of Kilograms of Rice and Cooking Oil

Hundreds of kilograms of rice and cooking oil were found abandoned along a rat trail at the Entikong border area.

Read More

Ministry of Industry Limits Electronic Imports, Hope to Boost Domestic Businesses

24 hari lalu

Ministry of Industry Limits Electronic Imports, Hope to Boost Domestic Businesses

The Ministry of Industry hoped that new regulation on import trade in electronic products could create opportunities for domestic manufacturers.

Read More

Bapanas Says Rice Aid Distribution at 95%, Govt Delivers 629,000 tons

33 hari lalu

Bapanas Says Rice Aid Distribution at 95%, Govt Delivers 629,000 tons

Bapanas stated that as of March 29, rice aid distribution had reached 95.41 percent.

Read More