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Minister of Trade Zulkifli Hasan revealed information that the Government plans to import 5.4 million tons of sugar in 2024. This plan has been approved in a limited meeting led by the Coordinating Minister for Economic Affairs Airlangga Hartarto.
Based on the commodity balance, imports in 2024 are divided into two parts, namely around 708,609 tons of white crystal sugar (GKP) for consumption needs and around 4.77 million tons of sugar to meet the needs of raw materials for the industry.
"Decrease in Sugar Import Quota for Consumption in 2024"
"At the same time, the Director General of Foreign Trade of the Ministry of Trade, Budi Santoso, emphasized that in 2024 there will be a decrease of around 200,000 tons in the quota for imported consumption sugar, compared to the amount of 900,000 tons in 2023."
Budi added that there will be an evaluation every three months or more frequently if needed regarding the commodity balance. However, the temporary estimate of sugar needs is around 708,609 tons.
"Adding or reducing is possible, so it doesn't have to be a specific number. It can be reduced, added (import quota for sugar), for example, if additional quota is needed."
"Director General of Foreign Trade of the Ministry of Trade, Budi Santoso,\u00a0"
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