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View all search resultsThe government's move to temporarily halt both the rice aid and SPHP programs is part of a strategy to boost farm gate prices, while the President has vowed that the state would close down and take over the operations of noncompliant mills.
The State Logistics Agency (Bulog), has been proposed to become an autonomous body directly accountable to President Prabowo Subianto. With this change, Bulog would no longer be under the supervision of the State-Owned Enterprises Ministry, effectively reinstating Bulog’s institutional power back to the New Order era.
The government has appointed former Indonesian Military Insurance (Asabri) head Wahyu Suparyono as the new president director of the State Logistics Agency (Bulog) and Marga Taufiq, an aide of president-elect Prabowo Subianto, as the agency’s deputy president director.
Nationwide rice production is projected to be almost 2.5 million tonnes lower in the first half of this year than in the same period last year, sparking concern over full-year output as the dry season is right on the doorstep.
The Business Competition Supervisory Commission (KPPU) has formed a special team to investigate the surge in rice prices, including looking for evidence of potential cartel behavior among rice traders.
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