Monday, 05 November 2018 17:48

Indonesian President Says Government’s Responsibility is Maintaining the Stability of Basic Commodity Prices

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President Joko Widodo visits the market President Joko Widodo visits the market VOI-ANDY

Indonesian President, Joko Widodo said that the government is responsible for maintaining the stability of basic commodity prices in the market. According to President Joko Widodo, the government must be able to keep the balance between the profits of the merchants and the affordability of people to purchase the commodities in the market. The President remarked that currently Indonesia’s inflation is low. Therefore commodity prices in the market are not supposed to increase significantly.

“The Government is responsible for maintaining the stability of commodity prices. We have to ensure how people can afford the commodities and farmers can also get their profit. It is not easy to maintain their balance. I bought numerous commodities. I checked their prices and bought them. I want to prove that the prices are stable because our inflation level is below 3.5, meaning commodity prices are stable,” said Joko Widodo when speaking before santris (Islamic boarding school students) and public at Darul Hikmah Islamic Boarding School, Pamulang, Banten on Sunday (11/4) .

In addition, President Joko Widodo hopes there will be no sides spreading issues on hiking prices in the market to the public as it is a misleading thing and it will impact the stability in the society.

“We must not believe the misleading information. It is a normal thing if some prices are hiking because commodity prices are fluctuationg. Therefore, we must not let such issues disrupt the stability of the society,” said Joko Widodo.

President Joko Widodo told that he had observed commodity prices twice in different regions, so that he could clarify the issue regarding the increase of commodity prices in the market. On the other hand, President admitted, he did not find any significant hike in the markets he had visited. (VOI/NDY/Trs:Amanda/AHM)

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