JAKARTA - Perum Bulog has received additional funding support for the procurement of four million tons of rice and one million tons of corn for Rp39.1 trillion through the Government Investment Operator (OIP) low-interest loan scheme.
"Regarding the agreement from the Limited Coordination Meeting (Rakortas), for additional Bulog funds for the procurement of 4 million tons of rice and 1 million tons of corn, it received support of Rp. 39.1 trillion with a low-interest OIP loan scheme," said President Director of Perum Bulog Ahmad Rizal Ramdhani in Jakarta, quoted by Antara, Monday, January 12.
He expressed his gratitude to President Prabowo Subianto, Coordinating Minister for Food and related ministers for the loan support.
"We are grateful and thank the President of the Republic of Indonesia and the ministers and the Coordinating Minister for Food and Agriculture if Bulog is given a soft loan so that it does not burden Bulog's operations too much," he said.
The President Director of Perum Bulog, Ahmad Rizal Ramdhani, indeed hopes that there will be support from the State Budget (APBN) for the procurement of four million tons of rice in 2026 so that the absorption of farmers' rice is optimal with efficient financing.
Rizal said that he was preparing the budget and coordinating intensively with the Ministry of Finance for the discussion of the funding scheme.
He said that Bulog had a target for absorption in 2026 which included four million tons of rice equivalent and an additional one million tons of corn.
According to him, financing through Himbara banking has the potential to increase interest burden, so that the support of the State Budget or alternative low-cost funding is considered important to maintain the efficiency of the procurement of national food in a stable manner.
Another support option being considered is a low-interest Government Investment Operator (OIP) fund to maintain liquidity and prevent the absorption of rice and corn from farmers from being hampered during the harvest season.
With adequate budget support, Bulog is optimistic that procurement will run smoothly, purchase prices will be maintained, farmers will be protected, and national food reserves will be stronger in 2026.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
