Indonesian Political, Business & Finance News

Bulog CEO Urges Regional Branches to Launch MinyaKita Market Operations

| Source: ANTARA_ID Translated from Indonesian | Social Policy
Bulog CEO Urges Regional Branches to Launch MinyaKita Market Operations
Image: ANTARA_ID

Jakarta (ANTARA) - Perum Bulog’s Director General, Ahmad Rizal Ramdhani, has urged regional branches to promptly launch market operations to tackle the shortage of MinyaKita and maintain its stability in line with the government-set maximum retail price of Rp15,700 per litre.

“This has already been emphasised to all colleagues in the regions to carry out market operations related to rice. This includes market operations for MinyaKita as well,” said Rizal when met after the Meeting to Accelerate the Realisation of Funding for Paddy Absorption Equivalent to Rice at Bulog’s Jakarta office on Monday.

This step was taken following public complaints about MinyaKita prices being sold above the maximum retail price in various regions.

According to him, Bulog has held a national online evaluation meeting with all regional branches to discuss food price conditions, including rice and cooking oil.

In that meeting, one of the main focuses was to ensure the stability of basic commodity prices remains maintained and to identify the causes of price increases at the market level.

Bulog then emphasised to all regional branches to immediately carry out market operations for both rice commodities—since the Central Statistics Agency (BPS) recorded that commodity contributing 0.03% to inflation—and MinyaKita due to its scarcity and prices exceeding the maximum retail price.

He stressed the importance of this step as a quick response to suppress price surges and ensure the availability of MinyaKita remains maintained for the wider public.

Rizal mentioned that he will personally lead a special market operation for MinyaKita, scheduled to begin soon, with priority in the DKI Jakarta area.

“The target is this week we will carry out market operations related to MinyaKita, especially in DKI first. We will carry it out in one or two days as soon as possible,” he explained.

According to him, accelerating this step is important to dampen public panic while ensuring the distribution of MinyaKita returns to normal in the market.

He affirmed that Bulog is committed to providing the best service to the public through food price stabilisation in accordance with President Prabowo Subianto’s directives.

Bulog has previously been active in maintaining price stability ahead of major religious holidays such as Christmas and New Year 2025/2026, as well as Ramadan and Eid al-Fitr 1447 Hijriah/2026 CE, with fairly controlled results.

“Bulog will always provide the best service for the people and to the maximum extent possible to maintain price stabilisation. That is in accordance with Mr President’s directives,” said Rizal.

Previously, Rizal stated that his side had requested an additional quota of MinyaKita from the Ministry of Trade (Kemendag) to address the shortage of that commodity occurring in several markets.

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