Jakarta, Aug. 22 -- Agriculture Minister Amran Sulaiman announced that the government has allocated approximately 1.5 trillion rupiahs to purchase sugar from local sugarcane farmers.
"We're initially setting aside Rp1.5 trillion. I believe that's sufficient," Sulaiman said after a working meeting with Commission IV of the House of Representatives in Senayan on Thursday.
The allocation of approximately 91.7 million US dollars followed discussions with Danantara Indonesia CEO Rosan Roeslani, prompted by reports of oversupply from domestic sugarcane farmers. The purchase will be handled by state-owned food company ID Food.
Sulaiman expressed gratitude for Indonesia's ample sugar stock and emphasized the government's role as an off-taker t...
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