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Indonesia: Government set an import quota and subsidised the importation of frozen beef from Brazil for the year 2023

Description

On 8 February 2023, according to the news reports, the government of Indonesia injected IDR 8 trillion (USD 528 million) into ID Food to carry out the government's assignment to import frozen beef fro...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Mar 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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