Thursday, October 31, 2024

Prabowo sets goal for food self-sufficiency by 2028

Reading Time: < 1 minute
Julian Isaac

Journalist

Editor

Interview

President Prabowo Subianto has set a target for Indonesia to achieve national food self-sufficiency within his five-year administration, aiming for completion by 2028.

Coordinating Minister for Food Affairs, Zulkifli Hasan, outlined several key commodities that the government is focusing on, which include rice, corn, sugarcane, sugar, onions, coffee, and soybeans.

“We’re also looking at cocoa, as it’s one of our leading products, yet we import a lot of cocoa,” Zulkifli said on Wednesday, October 30, 2024.

He emphasized that achieving food self-sufficiency requires substantial authority and budget coordination.

“This needs a unified and collaborative approach, especially regarding budget allocation,” he said.

In 2024, the budget for national food security is set at Rp139.4 trillion (US$8.9 billion), spread across multiple ministries, agencies, and institutions, including the Ministry of Agriculture, the Ministry of Marine Affairs and Fisheries, the Ministry of Public Works, the National Research and Innovation Agency (BRIN), state-owned fertilizer company PT Pupuk Indonesia, local governments, and village funds.

President Prabowo has expressed confidence in his administration’s ability to realize national food self-sufficiency, even envisioning Indonesia as a global food hub.

He reiterated his commitment during his inaugural address at the People’s Consultative Assembly (MPR) Plenary Session on Sunday, October 20, 2024, highlighting that food self-sufficiency is essential to reducing dependence on imports.

Prabowo emphasized the importance of food security, especially in the face of potential global crises where countries may halt exports to prioritize domestic needs.

“We cannot depend on external food sources,” he asserted, stressing that national resilience is crucial in uncertain times, marked by crises and rising geopolitical tensions.

“In crisis, no one will allow their goods to be sold to us. Therefore, achieving food security is not only a national priority but an urgent necessity,” he concluded.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

PT GoTo Gojek Tokopedia Tbk (GOTO), one of Indonesia’s major technology firms, has reported significant reduction in losses by 55 percent for the period of January to September 2024. The company’s net loss dropped to Rp4.31 trillion (US$275 million), down from Rp9.54 trillion during the same period last year.
The government is devising a series of measures to ensure PT Sri Rejeki Isman (Sritex), Southeast Asia’s largest textile company, able to continue operations despite being declared bankrupt by the Semarang Commercial Court.
An indigenous human rights activist has asked Jakarta to reconsider the transmigration program in Papua region as bringing in non-Papuans to the country’s easternmost region will only create new problems and challenges for the native inhabitants.
The Attorney General’s Office (AGO) has dismissed the speculations that the naming of former Trade Minister Tom Lembong as suspect in a corruption case related to sugar imports during his tenure as cabinet minister in 2015-2016 was politically motivated.
President Prabowo Subianto held a limited meeting with several ministers at the Presidential Palace on Wednesday, October 30, 2024, discussing government subsidies.
Pertamina Hulu Rokan (PHR), a subsidiary of State energy company PT Pertamina, has shown significant progress in the development of Unconventional Oil and Gas (MNK) project in the Rokan Working Area (WK) is support the national energy production target achievement.