Bulog to buy 4.5 tons of rice from farmers

Fri, 03/02/2012 - 10:00

The State Logistics Agency (Bulog) has allocated funds worth Rp 30 trillion to buy rice from farmers to bolster its rice stocks.

Bulog Chief Sutarto said Thursday that the funds are sufficient to buy up to 4.5 million tons of rice.

He expects farmers will be more willing to sell rice to Bulog after the government recently increased the rice buying price to Rp 6,000 per kg. (rei)

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