Jakarta, April 24 -- Indonesia has secured ample fertilizer supplies and is ready to export as global output tightens due to the Middle East conflict.
Finance Minister Purbaya Yudhi Sadewa stated that early subsidy payments have eased financing burdens for domestic producers.
The upfront subsidy mechanism has supported producers by lowering financing costs and helping maintain stable output despite global supply chain disruptions.
"We disbursed more than 20 trillion rupiah in fertilizer subsidies early in the year, reducing producers' cost of capital and eliminating the need for bank borrowing," Purbaya said at a media briefing on Friday.
Under this policy, subsidies are paid in advance to fund raw material procurement based on the ga...
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