Government Guarantees the Availability of Essential Goods

24 July, 2013 | Source: Antara News

Coordinating Minister for Economy Hatta Rajasa said on Sunday essential goods and fuel will be sufficiently available in the country until Idul Fitri celebrations in mid August.



Hatta also guaranteed that the prices will remain normal, saying beef supply will be increased with imports of 20,000 tons to enter the market toward the end of this month.

He said the price of red onion is also expected to decline with larger supply through imports.

The people have been complaining over price hikes especially the prices of red onion and beef on the domestic market over the past several months.

He said the government will maintain stocks enough for 20 days ahead.

He said the price of imported beef must not be less than Rp75 per kg or cheaper than local products to protect the local livestock farmers.

He said the country has 6.5 million cow farmers having 14 million cows altogether.

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
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