Weekly Business

FOOD
Beef Imports Fail to Lower Prices

THE government's decision to allow imports of beef from May to June has failed to lower the price at markets.

Beef prices began to surge in August last year. In response, President Joko Widodo asked economic advisers to find ways to bring them down to Rp80,000 per kilogram before the Ramadan fasting month this year. The government decided to allow 60,000 tons of beef to be imported to raise supply and reduce pr

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