{
    "success": true,
    "data": {
        "id": 1796095,
        "msgid": "bi-optimises-gpips-and-klm-incentives-to-safeguard-food-security-and-inflation-1781100545",
        "date": "2026-06-10 20:18:03",
        "title": "BI Optimises GPIPS and KLM Incentives to Safeguard Food Security and Inflation",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "Bank Indonesia is strengthening its inflation control and food security programmes to keep price rises within the 1.5\u20133.5 percent target range. The central bank is combining the GPIPS scheme and macroprudential liquidity incentives to boost agricultural productivity and distribution. Officials stressed that stable food prices are essential to protect purchasing power and sustain economic growth amid global supply uncertainties.",
        "content": "<p>With price pressures remaining under control, public purchasing power\ncan be protected and economic growth can be maintained. Bank Indonesia\n(BI) is optimising the Inflation Control and Prosperous Food Movement\n(GPIPS) programme and the Macroprudential Liquidity Incentive Policy\n(KLM) to safeguard food security and control inflation so that it\nremains within the target range of 1.5 to 3.5 percent. BI Deputy\nGovernor Ricky P. Gozali stated that good food security, including\nmaintaining stocks and food commodity prices, can dampen inflationary\nrises. \u201cWith price pressures remaining under control, public purchasing\npower can be protected and economic growth maintained,\u201d Ricky P. Gozali\nsaid at a seminar entitled \u201cFood Security for a Golden Indonesia\u201d in\nJakarta on Wednesday. He said the institution is encouraging\nproductivity, smoothing distribution and maintaining food price\nstability through the implementation of GPIPS. Meanwhile, the KLM\nincentive is expected to increase financing distribution to the\nagricultural sector, processing industry and food downstreaming. Ricky\nsaid that global uncertainty poses challenges to national food supply,\nranging from commodity price volatility and export restrictions to\nrising logistics and import costs. Pressure on the rupiah exchange rate\nhas also contributed to rising prices of imported food and agricultural\nproduction inputs. This shows that controlling inflation and\nstrengthening food security cannot be separated from efforts to maintain\neconomic stability. On the same occasion, Head of the National Research\nand Innovation Agency (BRIN) Arif Satria said agricultural innovation\nfrom the upstream sector is needed to curb food price inflation,\nconsidering that volatile food commodities are highly susceptible to\nseasonal and weather changes. His agency has developed a number of\nsuperior rice varieties with productivity above 10 tonnes per hectare\nthat are resistant to flooding, drought and saline land to support food\nself-sufficiency towards a Golden Indonesia 2045. \u201cThe availability of\nsuperior varieties resistant to extreme weather is expected to stabilise\nthe supply of staple commodities and prevent price spikes,\u201d said Arif\nSatria. Regarding supply management, Chair of the Food Supply\nStabilisation Working Team at the National Food Agency (Bapanas) Yudhi\nHarsatriadi Sandyatma said that field interventions continue to be\nintensified through close synergy with BI under the coordination of the\nCentral and Regional Inflation Control Teams (TPIP\/D). Up to early June\n2026, the Cheap Food Movement (GPM) has been held more than 5,200 times\nacross 36 provinces. In addition, 2,890 Food Kiosks have been operated\nthroughout Indonesia. Support for strengthening food security and\ncontrolling inflation has also come from the business world. Vice\nChairman Coordinator for Food Affairs at the Indonesian Chamber of\nCommerce and Industry (Kadin) Mulyadi Jayabaya stated that his party is\ncommitted to pushing for the strengthening of domestic supply chains and\nthe harmonisation of central-regional regulations, which have so far\nbeen seen as hampering investment in the food sector. \u201cWe come bringing\nsolutions, investment and readiness to move together,\u201d said Mulyadi\nJayabaya.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-optimises-gpips-and-klm-incentives-to-safeguard-food-security-and-inflation-1781100545",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}