News

Indonesia increases beef import quota ahead of Ramadan

01/06/2016

The Indonesian Trade Ministry has more than doubled the country’s beef import quota to 27,400 tonnes to curb rising prices in local markets ahead of Ramadan. The quota is more than double the 10,000 tonnes recommended by the Ministry of Agriculture and follows on from President Joko Widodo’s instruction to reduce beef prices from Rp110,000 ($8)...

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