Bulog Secures 3% Loan Interest Rate, Saving Over Rp1 Trillion Annually
Jakarta - Perum Bulog will enjoy a reduction in loan interest rates to 3% starting this year, following government support. The policy is expected to reduce the company’s interest payment burden by more than Rp1.07 trillion annually.
Perum Bulog President Director Ahmad Rizal Ramdhani said the interest rate cut is a form of government support for Bulog in carrying out its mandate to maintain national food security.
“We are grateful the government provided support to Bulog, namely a reduction in bank interest. The bank interest rate, which is usually 7% to 8%, has been lowered to 3%. This is extraordinary, and the impact of this bank interest reduction is that Bulog can reduce interest payment costs in one year by more than Rp1.07 trillion,” Rizal said during a press conference at Bulog’s Head Office in Jakarta, Monday (3/8/2026).
In addition to the lower loan interest, the government is also providing an interest subsidy of 2%.
“This is an extraordinary achievement, and this is the first time Bulog has been given such a low interest rate, 3% from the government, and given an additional 2% interest subsidy from the government,” he stated.
Rizal explained the policy to lower the loan interest rate takes effect in 2026, in accordance with the direction of President Prabowo Subianto.
“The interest rate reduction is for 2026. For 2026, according to the direction from the President,” he said.
When asked about the amount of the reduction, Rizal explained that Bulog will only bear an interest rate of 3%, while the remaining 2% will be covered by the government through an interest subsidy scheme.
“3%, and that is already with the government covering the 2% subsidy. The government subsidy adds 2%, so it becomes 5%. Bulog pays the 3% in instalments, and the 2% is paid in instalments or assisted by the government subsidy,” he clarified.
In addition to obtaining a lower loan interest rate, Bulog has also received government approval regarding changes to the company’s margin scheme. Rizal said this policy is projected to make Bulog’s financial balance sheet positive by around Rp1.14 trillion by the end of the year.
He assessed that the various forms of government support will strengthen Bulog’s financial condition, enabling the company to improve service quality to the public and strengthen the management of the government’s rice reserves.
The change in Bulog’s margin mechanism has been regulated in National Food Agency Regulation (Perbapanas) Number 3 of 2026, which amends Perbapanas Number 7 of 2025. The regulation governs the components and calculation mechanism for the margin on the Government Rice Reserve (CBP) as part of efforts to strengthen Bulog’s performance in maintaining national food stocks.