Jakarta, Aug. 27 -- The Indonesian Coordinating Ministry for Food affirmed its commitment to overseeing the government's plan to purchase Rp1.5 trillion (nearly US$92 million) worth of sugar from domestic farmers, an initiative formalized through a cooperation agreement.

According to the ministry's Deputy for Coordination of Food and Agricultural Businesses, Widiastuti, her office is tasked with supervising the agreement's implementation after it was signed by sovereign wealth fund Danantara and state-run food company ID FOOD on Friday (August 22).

Speaking at a seminar on Indonesia's pursuit of sugar self-sufficiency in Jakarta on Wednesday, she noted that the massive scale of the purchasing plan required both signatories to address ad...