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Government Mobilizes National And Regional Teams For Holiday Price Stability
The Indonesian government is mobilizing all levels of its inflation control apparatus, from national to village units, to ensure stable prices and adequate supply during the year-end holidays, with Coordinating Minister Airlangga Hartarto leading the coordination efforts. (Doc. ekon.go.id)
Jakarta – In anticipation of inflationary pressures during the Christmas and New Year (Nataru) period, Coordinating Minister for Economic Affairs Airlangga Hartarto has galvanized the National and Regional Inflation Control Teams (TPIP and TPID) into action. The directive is clear: to preemptively secure supply chains and stabilize prices for key food items to protect people's purchasing power. This annual anticipatory measure is crucial for maintaining economic stability as the year draws to a close.
The TPIP, which encompasses multiple ministries and institutions, is working in lockstep with TPIDs led by regional governors, regents, and mayors. This hierarchical structure ensures that policies designed at the central level are implemented accurately and contextually in regions, from major cities to remote districts, addressing local-specific supply challenges.
Strategic food commodities such as chilies, onions, poultry, and eggs are under special surveillance. Teams are conducting detailed mapping of production centers, stock levels in main markets, and distribution routes. The goal is to identify potential gaps where supply may fall short of projected holiday demand and to prepare interventions accordingly.
Market operations remain a key instrument in the government's toolkit. TPIDs are instructed to prepare budgets and logistical plans for these operations, ensuring they can be launched swiftly if price increases exceed tolerance levels. The operations are designed not to disrupt market mechanisms but to provide a supplemental supply to calm prices.
Beyond reactive measures, the government is pushing for productivity improvements. Coordination with the Ministry of Agriculture and fisheries agencies is enhanced to support farmers and fishermen, aiming for a stable harvest that can meet domestic consumption needs during the peak season.
Digital technology plays a supporting role in this campaign. Price information systems and supply chain monitoring applications are being optimized to provide real-time data, enabling faster decision-making for both central and regional authorities in managing the market.
Minister Airlangga emphasized that the success of this effort hinges on solid collaboration across government layers and with business actors. He called for strict action against any hoarding practices or cartels that attempt to manipulate supply and prices for personal gain during this critical period.
The concerted effort by TPIP and TPID ahead of Nataru reflects the government's proactive stance in inflation control. By securing supply and stabilizing prices, the government aims to ensure that the festive season is celebrated with economic confidence, contributing to the broader goal of maintaining national inflation within the safe target of 2.5% plus minus 1% for the year.
(Hashim Zafran)
Read Too: Bank Indonesia Stands Firm: Pro-Stability Policy Shields Rupiah Amid Global Volatility
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