IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 Apr 2018 | Removal date: open ended
Still in force

State loan

The Coordinating Minister for Economic Affairs announced the introduction of a programme to provide KUR loans ("People's Business Credit") for rice mills to afford drying equipment. According to the press release, 94% of Indonesia's rice mills are SMEs and lack the funds to procure dryers.

The Ministry does not explicitly narrow down the KUR loans to SMEs but states that "SMEs will be given priority" (own translation). It also does not provide any information on the programme's budget. However, according to a different press release by the Ministry (cf. sources), the distribution of KUR loans for the Indonesian economy in 2017 reached 96.7 trillion IDR (ca. 6.7 billion USD).

The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1006 Rice.
100610 Rice in the husk (paddy or rough)
231 Grain mill products
1006 Rice.
100630 Semimilled or wholly milled rice, whether or not polished or glazed
100640 Broken rice

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