President Prabowo Announces 20% Fertilizer Price Cut, State-Owned Fertilizer Firm's Profit Soars
President Prabowo announced the elimination of 145 fertilizer distribution regulations, leading to a 20% reduction in fertilizer prices. He hailed this as a historic first for Indonesia, crucial for achieving food self-sufficiency. Concurrently, state-owned PT Pupuk Indonesia saw its profits surge by 252.8%.
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