Retail Price of Fertilizer To Rise Beginning in April
March 03, 2010
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The retail price of fertilizer will increase in April after the government’s subsidy reduction takes effect, Minister of Agriculture Suswono said on Wednesday.
However, Suswono said the higher retail price should not create big difficulties for farmers, noting that the government had increased the farmgate price for rice paddy by 10 percent. The total fertilizer subsidy will be reduced from Rp 17.5 trillion ($1.89 billion) to Rp 15.6 trillion. JG
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