Stabilization of Food Prices Done in Structured Manner

Kompas/Raditya Helabumi

A worker arranges bags of garlic at the Bulog regional division warehouse of Jakarta and Banten in North Jakarta on Wednesday (17/5). In order to maintain adequate supplies of food stocks ahead of the Ramadhan fasting month, Bulog has conducted a food stabilization program throughout Indonesia.

JAKARTA, KOMPAS – The government, together with state-run logistics firm Perum Bulog, has made structured efforts to stabilize food prices through market operations in Jakarta and other regions throughout the archipelago. The market operation is carried out in traditional markets and through Rumah Pangan Kita (Our Food House), which is the government’s food outlet.

The government will soon issue a regulation on reference prices at the famers and consumers’ level. The regulation is a replacement of Trade Ministry Regulation No. 63/2016 on the setting of reference buying prices at the farmer level and reference selling prices at the consumer level.