President Prabowo Subianto of Indonesia has announced new regulations aimed at preventing profiteering from essential goods such as rice. In his State of the Nation Address, he emphasized that no business entity, regardless of their size or influence, will be allowed to take advantage of the people’s basic needs for their own gain. Prabowo highlighted the government’s commitment to upholding the law and protecting the interests of the Indonesian people by implementing stricter policies. Large-scale rice mills will now be required to obtain special permits to continue their operations in the sector. Prabowo warned that those who hoard essential goods or engage in price manipulation could face severe penalties, including imprisonment or hefty fines. The President’s actions are in line with constitutional powers and laws governing trade to ensure fair access to essential goods at affordable prices. By safeguarding the people’s right to rice, Prabowo aims to prevent exploitation and uphold the principles laid down by the nation’s founding fathers. He emphasized the importance of state control over critical industries and urged businesses to prioritize the welfare of the people over profit-seeking. The government’s efforts to regulate large-scale rice milling operations reflect a commitment to ensuring food security and protecting the people from those who seek to exploit their basic needs for personal gain.
