Import Restrictions and Trade Surplus
Monday, April 29, 2024
The import quantities of several products declined over the last few months. Trade surplus is not always favorable.
IRAN’s attack on Israel on April 13, prompted the State-Owned Enterprises Ministry to take special action. According to Frans Marganda Tambunan, Chief Executive Officer (CEO) of Rajawali Nusantara Indonesia or ID Food, the Ministry ordered a number of state-owned enterprises with high import rates to prepare stress tests or simulation reports to assess their resilience in facing three conditions.
Frans explained that companies l
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