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Dream - President Joko Widodo estimates that the current increase in rice prices will experience a slight decrease in the next 1-2 weeks. The President expressed this confidence after visiting the Cipinang Wholesale Market, Jakarta, on Thursday, February 15, 2024. The President's visit to the largest wholesale market in Jakarta is to ensure that there is an adequate supply of rice. Jokowi also wants to ensure that the stock is distributed to retailers, supermarkets, and markets in the regions.
According to Jokowi, the increase in rice prices above normal that is currently happening is triggered by the lack of harvest from the region. Another constraint is the distribution route that hampers the entry of harvest into the market. "The supply is because the harvest has not entered yet, the production has not entered the market. The distribution is also disrupted due to flooding in Demak, in Grobogan, it affects," said Jokowi quoted from Setkab.go.id.
To overcome these obstacles, the president has ordered Perum Bulog to address the rice supply from the reserves held by Perum Bulog. The Bulog rice is requested to be sent to the regions and the Cipinang Wholesale Market. With these steps, it is hoped that the price of rice will experience a slight decrease before the supply from the harvest season arrives.
The President even asked Perum Bulog to distribute rice supplies both for Supply and Price Stabilization (SPHP) and commercial purposes, to the requested regions.
President Joko Widodo on the increase in rice prices while visiting Pasar Induk Cipinang, Jakarta, Thursday, February 15, 2024.
Regarding the alleged increase in rice prices triggered by the government's food aid program, Jokowi denies it. He ensures that the current condition is not related to the social assistance program. On the contrary, Jokowi continues, the program was created as a government effort to control rice prices by increasing supply in society.
"Kalau enggak, justru melompat. Ini rumus supply dan demand. Kalau suplainya diberikan dan terdistribusi dengan baik, otomatis harga akan terkendali," jelasnya. "If not, it will actually jump. This is the formula of supply and demand. If the supply is given and distributed properly, the price will be automatically controlled," he explained.
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