Global Trade Alert
Global Trade Alert

Indonesia: Government reduces the budget for the fertilizer subsidy in the year 2023

Announcement

22 Jan 2023

In January 2023, the government of Indonesia reduced the fertilizer subsidies for farmers in Indonesia from IDR 25.3 trillion (USD 1.67 billion) to IDR 24 trillion (USD 1.59 billion). 

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

0 in force

Implementation date

01 Jan 2023

Revocation date:

31 Dec 2023

Production subsidy

On 22 January 2023, according to news reports, the government of Indonesia reduced the fertilizer subsidies for farmers in Indonesia from IDR 25.3 trillion (USD 1.67 billion) to IDR 24 trillion (USD 1...

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