Jakarta, March 27 -- Indonesia's Ministry of Finance announced on March 26 that the government has approved a budget of 118 trillion IRD (7.1 billion USD) for food security programmes in 2025.
Ahmad Saiful Mujab, head of the ministry's State-Owned Enterprise Investment Office, stated that the funds will be allocated for rice procurement, upgrading production equipment, and financial support for investments.
Unlike previous investments in securities or real estate, the government now prioritises direct support for state enterprises in rice purchasing. The National Logistics Agency (Bulog) will see adjustments in its business and stockpiling strategies.
Mujab emphasised that food security is a national security priority, especially given...
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