Indonesia: Government increased the fertiliser subsidies for farmers in Indonesia (February 2024)

Announcement

26 Feb 2024

In February 2024, the government of Indonesia increased fertiliser subsidies for farmers in Indonesia for the year 2024 from IDR 26.68 trillion (USD 1.7 billion) to IDR 54 trillion (USD 3.45 billion) to increase their productivity and achieve food self-sufficiency.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

26 Feb 2024

Revocation date:

31 Dec 2024

Production subsidy

On 26 February 2024, the government of Indonesia increased the fertiliser subsidies for farmers in Indonesia for the year 2024 from IDR 26.68 trillion (USD 1.7 billion) to IDR 54 trillion (USD 3.45 bi...