Jokowi Hopes Trading Activities Will Increase Significantly After PPKM Terminated

TEMPO.CO, JakartaPresident Joko Widodo (Jokowi) expects a significant increase in trading activity after the government ends the implementation of community activity restrictions (PPKM).

Jokowi The statement was made at the Sentul market in Yogyakarta on Sunday while reviewing commercial activity and commodity prices.

“We hope[to see a significant increase in trade activity]. It[withdrawal of the PPKM policy]has just been implemented. And he’s going to experience it in the second half of February.”

He talked to some traders in the market about the prices of basic commodities.

Oka, one of the sellers, told the president that the price of rice was rising.

Jokowi later replied to Oka that he hoped prices would drop soon as the harvest season begins in February.

With the exception of rice, President Jokowi has found the prices of most basic commodities in the Sentul market very stable.

The president hoped to see stable commodity prices in other markets across Indonesia.

“I hope that such stability will happen not only in Yogyakarta, but also in markets in other provinces,” he added.

Jokowi had previously instructed the National Logistics Agency (Bulog), the Ministry of Trade and the Ministry of Agriculture to use up available rice stocks to conduct market manipulation to curb rising rice prices.

However, Bulog said only 500,000 tonnes remain in stock, with an ideal reserve of 1.2 million tonnes.

Therefore, the government decided to import 200,000 tons cooked rice It will produce 300,000 tons of rice in December 2022 and January 2023.

Trade Minister Zulkifri Hasan has assured that the government will not import any goods from February 2023 as the harvest season is imminent.


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