Govt to Distribute Rice
The government has decided to start distributing its rice stock, as the consumer-level price of medium-grade rice has been on an increasing trend. However, there are concerns that the move will harm farmers, especially as many are in the middle of the harvest season.
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A resident buys a sack of rice at Matahari shop in a Kebayoran market in Kebayoran Lama, South Jakarta, Sunday (26/8/2018). The price of rice at the retail level increased by Rp 500 per (3 US cents) kg. The dry season led to a decrease in the supply of rice from the regions.
JAKARTA, KOMPAS – The government has decided to start distributing its rice stock, as the consumer-level price of medium-grade rice has been on an increasing trend. However, there are concerns that the move will harm farmers, especially as many are in the middle of the harvest season.
The decision to intervene in the rice market was made during a coordination meeting on Monday (27/8/2018) at the Office of the Coordinating Economics Minister in Jakarta. Coordinating Economics Minister Darmin Nasution, Trade Minister Enggartiasto Lukita, National Logistics Agency (Bulog) procurement director Bachtiar and Food Security Agency head Agung Hendriadi of the Agriculture Ministry attended the meeting.