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Rice stock is adequate: President

President Joko Widodo visits a warehose of Bulog to ensure the rice stock.

REPUBLIKA.CO.ID, JAKARTA -- President Joko Widodo (Jokowi) ensured that the stock of rice adequate. He assessed that the market operation has been effective.

"I just want to ensure that the rice stock is adequate, and market operation is working," he noted while visiting a warehouse of the National Logistic Agency (Bulog) at Kelapa Gading in North Jakarta, here, Thursday.

The management of Bulog has improved compared to that three or four years ago, Jokowi stated. He revealed that this year's stock is higher than that of last year.

"Rice prices have dropped owing to market operations conducted by Bulog," Jokowi who was accompanied by Coordinating Economic Minister Darmin Nasution and Trade Minister Enggartiasto Lukita during his visit, stated.

He expressed optimism over the rice stock, as a grand harvest of rice will be conducted, starting March 2019. The rice stock reached 2.1 million tons from late 2018 to early 2019, a significant increase as compared to 700 thousand to 800 thousand tons in December in the previous years.

"Rice prices decreased by Rp50 per kg following routine market operations by Bulog," he remarked.

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