Economy PolicyTrade

Gov’t to Maintain Price Stability before Ramadan

President Joko “Jokowi” Widodo has instructed Ministries and Non-Ministerial Government Institutions to maintain price stability of basic commodities before Ramadan.

“Although this is something we do every year, but I need to remind you to check and control availability and prices of basic commodities to avoid price surges,” President Jokowi said in his remarks during the Plenary Cabinet Meeting at Bogor Presidential Palace, West Java, Tuesday (23/4).

President Jokowi added that by maintaining availability and price stability of basic commodities, the Government will ensure that Muslim communities in the country can observe Ramadan and Celebrate Eid al-Fitr.

On that occasion, the President also stressed that capital expenditure should be strengthened. “All Ministries must be able to force their organizations to fully absorb budget,” he said.

President Jokowi further said that goods procurement must be reduced as much as possible and instructed Minister of Finance to bring the procurement to its normal position.

Also present during the meeting were, among others, Vice President Jusuf Kalla, Coordinating Minister for Political, Legal, and Security Affairs Wiranto, Coordinating Minister for the Economy Darmin Nasution, Coordinating Minister for Human Development and Culture Puan Maharani, Coordinating Minister for Maritime Affairs Luhut B. Pandjaitan, Minister of State Secretary Pratikno, Cabinet Secretary Pramono Anung, Presidential Chief of Staff Moeldoko, Minister of Finance Sri Mulyani Indrawati, Minister of Industry Airlangga Hartarto, Minister of National Development Planning/Head of the National Development Planning Agency (Bappenas) Bambang Brodjonegoro, Minister of Social Affairs Agus Gumiwang Kartasasmita, Minister of Agriculture Amran Sulaiman, Minister of Foreign Affairs Retno Marsudi, Minister of Health Nila F. Moeloek, Minister of Manpower Hanif Dhakiri, Minister of Public Works and Public Housing Basuki Hadimuljono, Attorney General Muhammad Prasetyo, Commander of the Indonesian National Defense Forces (TNI) Marshal Hadi Tjahjanto, Chief of the Indonesian National Police General Tito Karnavian and Head of the National Intelligence Agency (BIN) Budi Gunawan. (UN/JAY/ES)

Translated by: Ridwan Ibadurrohman
Edited by: Yuyu Mulyani


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