Flour entrepreneurs in Indonesia shout that production is threatened to drop by 50%

Jakarta, CNBC Indonesia - Domestic wheat flour entrepreneurs are complaining about the effects of the issuance of Minister of Trade Regulation (Permendag) No 36/2023 concerning Import Policies and Regulations, which has been changed to Permendag No 3/2024. Because it could trigger production shortages and a spike in the price of wheat flour in the country. The Indonesian Wheat Flour Association (Aptindo) is concerned that wheat flour production could fall by 50% as a domino effect of Minister of Trade Regulation No 36/2023. Executive Director of Aptindo Ratna Sari Loppies said, the Minister of Trade Regulation stipulates that the import of Fortified Premixes, which was initially sufficient with a Surveyor's Report (LS), must now require an Import Approval (PI) and LS. "Importing fortified premixes, which previously could be done with LS, now requires an import permit (PI). Because it is included in Minister of Trade Regulation no. 36/2023. As a result, the stock of fortified ...