Continuing Failure to Manage Rice
Monday, 30 January 2023
The price of rice has risen steadily since the beginning of the year. Market intervention should not involve traders.
THE hardships that people are suffering as a result of the continuing increase in rice prices are the fruit of mismanagement of this key foodstuff. The rice distribution system implemented by the State Logistics Agency, or Bulog, in order to stabilize prices is at serious risk of being taken advantage of by rent seekers.
The price of rice has continued to grow, increasing by 6.23 percent in 2022. This month, the price of medium quality rice is 2...
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