Key insights and market outlook
Indonesia's rice stockpile has reached 3.8 million tons, according to Perum Bulog, eliminating the need for imports. Bulog's CEO, Ahmad Rizal Ramdhani, stated that this stock is sufficient to meet domestic needs, aligning with President Prabowo Subianto's directive to avoid rice imports. The achievement is attributed to increased local production and advancements in agricultural technology.
Indonesia's rice stockpile has reached 3.8 million tons, as reported by Perum Bulog, the state-owned enterprise responsible for managing the country's food reserves. This substantial stock has led to a decision to refrain from importing rice, aligning with President Prabowo Subianto's directive to achieve self-sufficiency in rice production.
The achievement is attributed to increased productivity of Indonesian farmers and advancements in agricultural technology. Bulog's CEO, Ahmad Rizal Ramdhani, emphasized that the current stock is sufficient to meet domestic needs, reassuring the public about the country's food security. Ramdhani highlighted that Indonesian farmers are becoming more skilled and technologically advanced, resulting in significantly higher production levels.
The government's commitment to achieving rice self-sufficiency is evident in its support for local farmers and agricultural development programs. This policy direction is expected to continue, with a focus on sustaining and further improving domestic rice production capabilities. The success in maintaining a substantial rice stockpile is seen as a positive indicator of the country's progress toward food security goals.
Rice Stockpile Achievement
Import Policy Change