World Bank Reveals Indonesia's Rice Price Is Higher Than Other ASEAN Countries

NUSA Dua - Country Director for Indonesia and Timor-Leste, East Asia and Pacific World Bank, Juli Turk said the price of rice in Indonesia was 20 percent higher than other ASEAN countries.

"We estimate that Indonesian consumers pay up to 20 percent more expensive for their food," he said at the Indonesia International Rice Conference which was held in Nusa Dua, Bali, quoted on Friday, September 20.

This explains that the high price of rice in Indonesia is partly due to import restrictions and the government's decision to increase the selling price of rice so as to weaken agricultural competitiveness.

According totipel, farmers' income in Indonesia is still below 1 US dollar, meaning that in a year the income of Indonesian farmers is only less than 341 or US dollars.

"What we see is that the income of many marginal farmers is often far below the minimum wage, often even below the poverty line," he said.

According to fire, investment can reduce the impact of losses and open opportunities to increase production by building a variety of infrastructures with modern technology and other supporting infrastructure.

"It is important to invest in agricultural productivity drivers. We have suggested that research and counseling are an important area to pay attention to," he said.

She said that her party opened the door to countries that want funding to invest in the agricultural sector and offer Climate Smart Agriculture (CSA) technology which is claimed to be successfully adopted in Indonesia.