INDONESIA SUGAR
July 1st, 2003
BY MARK ROWE
THE INDONESIAN government has vowed to protect its beleaguered sugar industry and regulate imports in an effort to increase national production levels. A rate subsidy is to be issued through the Food Security Credit Scheme for People's Sugarcane worth Rupiah900 billion (US$106 million) and fertilizer subsidies worth Rupiah1.3 trillion (US$140 million).
THE INDONESIAN government has vowed to protect its beleaguered sugar industry and regulate imports in an effort to increase national production levels. A rate subsidy is to be issued through the Food Security Credit Scheme for People's Sugarcane worth Rupiah900 billion (US$106 million) and fertilizer subsidies worth Rupiah1.3 trillion (US$140 million).
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