Bondowoso, Nov. 5 -- Coordinating Minister for Food, Zulkifli Hasan, conducted a direct inspection of the government's new policy to reduce the prices of subsidized fertilizers during a visit to Bondowoso District, East Java, on Wednesday.

At a fertilizer kiosk in Taman Village, he told a farmer that under President Prabowo Subianto's directive, the government has instructed retailers and distributors to lower subsidized fertilizer prices by up to 20 percent, effective October 22.

Specifically, the retail price ceiling for subsidized urea fertilizer now stands at Rp90 thousand (around US$5.3) per 50-kilogram sack, down from Rp112,500 previously. Meanwhile, the price of NPK fertilizer has dropped from Rp115 thousand to Rp92 thousand per ...