Indonesia seeks to raise Fishers' Terms of Trade to 120 next year
Jakarta, Oct. 23 -- The government aims to raise the Indonesian Fishers' Terms of Trade (NTN) to 120 next year to improve the welfare of coastal communities, Coordinating Minister for Food Affairs Zulkifli Hasan said.
In a statement received here on Friday, he noted that the NTN stood at 108 in 2026, up from 103 a year earlier. He emphasized the importance of further improving the indicator, considering that many Indonesian fishers remain economically vulnerable.
"An NTN of 103 means that fishers earn only Rp3 million (around US$165) from every Rp100 million in expenditure, which is effectively a loss," the minister explained.
In such circumstances, fishers often struggle to afford their children's education without government assistan...
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