Anticipating Impact of Rising Prices on Vulnerable Groups
The increase in the prices of basic needs, has added to the economic burden of people who have not fully recovered from the Covid-19 pandemic. The government needs to pay more attention to vulnerable groups.
JAKARTA, KOMPAS β The prices of crude oil and a number of food commodities have soared to new record highs amid the growing global uncertainty due to the Russia-Ukraine conflict. The global price surge has also affected Indonesia, as reflected in the increased prices of liquefied petroleum gas (LPG), gasoline, cooking oil, soybean, wheat, beef, and sugar.
With regard to the issue, Vice President Ma'ruf Amin said on Tuesday (8/3/2022) that the government needed to establish a price control mechanism and make a concerted effort to ensure the availability of food in the country.