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Indonesia: Government provided an IDR 250 billion to Perum Bulog to stabilise corn prices

Description

On 7 April 2023, according to news reports, Bank Negara Indonesia (BNI) provided an IDR 250 billion (USD 16.7 million) loan to Perum Bulog (Bulog) to purchase corn. Bulog has the mandate to monitor th...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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