Indonesian rice production declines due to El Nino-induced drought, causing record-high prices; government seeks imports, discounts, and cash handouts, explores tech solutions, and diversifies carbohydrate sources.
El Nino-induced drought is causing a decline in Indonesian rice production, leading to record-high prices. The government is seeking to import rice, offer discounted rice, and provide cash handouts to address the issue. Drought-resistant seeds and drones are being explored as tech solutions, while efforts are being made to diversify carbohydrate sources. Indonesia's reliance on rice has made it more vulnerable to price fluctuations and supply chain disruptions in exporting countries.
April 01, 2024
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