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Indonesia: Government reduces the budget for the fertilizer subsidy in the year 2021

Description

On 18 January 2021, Indonesia reduced the fertilizer subsidy from IDR 26.62 trillion (1.95 billion) to IDR 25.27 trillion (USD 1.8 billion) in 2021. The fertilizer subsidy would benefit 16,6 million f...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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