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President Prabowo's Economic Meeting

President Prabowo Subianto meets to boost Indonesia's economy with food inflation control and domestic supply plans.

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President Prabowo's Economic Meeting

President Prabowo Subianto meets to boost Indonesia's economy with food inflation control and domestic supply plans.

In brief

President Prabowo Subianto meets to boost Indonesia's economy with food inflation control and domestic supply plans. President Prabowo Subianto directs measures to control food inflation and strengthen domestic supply chains amid positive economic indicators. Originally reported by VOI - Waktunya Merevolusi…

Economic Meeting

President Prabowo Subianto chaired a limited meeting at the Bogor Palace on Friday, November 13, to discuss macroeconomic developments and national economic strengthening steps.

Positive Economic Indicators

Economic growth recorded at 5.47 percent, inflation in the range of 3.3 percent, foreign exchange reserves at 146 billion US dollars.

Consumer Confidence

Consumer confidence index above 118, Purchasing Managers' Index (PMI) recorded at 54.

Food Inflation Control

President Prabowo instructed food inflation to remain under control while farmers benefit from rising agricultural commodity prices.

“The President's instructions, because this is still within the range, yes we will take care of it, but let the farmers enjoy the exchange rate of up to 133”

Domestic Supply Acceleration

Government to accelerate livestock feed, feedmeal factories, and chicken farms to strengthen domestic supply chains.

“BUMN is asked to explain when its feedmeal plant program can be produced, and also chicken farms, and others, which were just delivered, are estimated to be in the next year”

Key Officials Present

Coordinating Minister for Economy Airlangga Hartarto, Coordinating Minister for Human Development and Culture Sugiono, and other government officials attended the meeting.

The one thing

President Prabowo Subianto directs measures to control food inflation and strengthen domestic supply chains amid positive economic indicators.

Read the original on VOI - Waktunya Merevolusi Pemberitaan

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