Indonesia rations purchases of staples, eyes fuel price cuts

Hello and welcome to the details of Indonesia rations purchases of staples, eyes fuel price cuts and now with the details

Women wearing face masks pass a vendor on a sidewalk of the main road after office hours, amid the spread of Covid-19 in Jakarta, Indonesia March 17, 2020. — Reuters pic
Nevin Al Sukari - Sana'a - Women wearing face masks pass a vendor on a sidewalk of the main road after office hours, amid the spread of Covid-19 in Jakarta, Indonesia March 17, 2020. — Reuters pic

JAKARTA, March 18 — Indonesian police have ordered retailers to ration purchases of staple foods to contain panic buying amid a spike in coronavirus cases in the South-east Asian country, while the president weighed up a cut in fuel prices to reflect tumbling oil prices.

Indonesians have been stocking up on basic necessities, as well as medical supplies, since President Joko Widodo announced the first confirmed cases of the disease in the world's fourth most populous country on March 2.

Shops have seen long queues of customers stocking up on items such as dried noodles, despite authorities telling the public there was no need for panic buying.

The police's criminal investigation division has sent a letter to all stakeholders ordering the rationing of purchase of rice for personal use at a maximum of 10 kg, sugar at 2 kg, cooking oil at 4 litres and instant noodles at two cartons, according to a copy of the letter reviewed by Reuters.

Police spokesman Argo Yuwono said rationing applied only in areas affected by the virus outbreak. Indonesia has reported 172 cases and at least five deaths as of yesterday, with most clustered around Jakarta.

“If there is any increase of staple food prices, we will check where the bottlenecks are and we will take action against hoarding,” Yuwono said via text message.

Prices of garlic, sugar and onions have jumped recently due to disruptions in imports from China and a late sugarcane harvest, though authorities said new supplies were being imported.

Police officers and state food procurement agency Bulog today inspected supplies of staples in markets around Jakarta, including at wholesale markets, Bulog said in a statement.

Bulog has 1.5 million tonnes of rice in its warehouses, enough to meet rising demand due to the spread of the virus, as well as for the Muslim holy month of Ramadan beginning in late April, the firm said.

Meanwhile, President Widodo asked his cabinet ministers in a video conference to assess whether weaker global oil prices could allow room for cuts in domestic subsidised and non-subsidised fuel prices to support the economy.

The Indonesian government has pledged US$8 billion (RM34.4 billion) of stimulus to encourage economic growth, including tax breaks for some workers in manufacturing, as the coronavirus pandemic disrupts global economy. — Reuters

These were the details of the news Indonesia rations purchases of staples, eyes fuel price cuts for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV NASA Planet-Hunter data shows that 50% of Sun-like stars could host...
NEXT Breakdown of all the Wallabies changes for Bledisloe 4