Ministry proposes $69m stimulus for fisheries, aquaculture

first_imgThe stimulus package, which was proposed during the meeting, will provide Rp 413.27 billion in funds for fishermen and Rp 406.55 billion to aid aquaculture farmers.It also includes Rp 36.07 billion for fish processors and marketeers, Rp 54.1 billion for salt farmers, Rp 106.48 billion to strengthen poaching surveillance and Rp 8 billion for internal audits.“We also would like to have more cold storage facilities to anticipate the possibility of slow demand as several regions are still implementing the large-scale social restrictions [PSBB],” the minister said.The government has been working to ensure a secure supply of staple food across the country amid disruptions in production and logistics as a result of the pandemic. The government data presented by President Jokowi on April 28 showed that over 20 provinces faced shortages of staple foods, such as garlic, sugar, chili and eggs. The Maritime Affairs and Fisheries Ministry has proposed a Rp 1.02 trillion (US$69 million) stimulus package to aid small scale fishermen and aquaculture farmers affected by the COVID-19 pandemic.Minister Edhy Prabowo said the stimulus would include social aid for fishermen, fish farmers and salt farmers and funds to strengthen surveillance efforts against poaching.“We will optimize the budget to help enable fishermen to go on fishing while also providing the farmers with seeds, broodfish and infrastructure,” the minister said in an online press conference after attending a limited Cabinet meeting with President Joko “Jokowi” Widodo on Thursday. Jokowi, when opening the meeting on Thursday, stressed the requirement to provide incentives for farmers and fishermen to ensure the country’s food security.Statistics Indonesia (BPS) data show the agriculture, forestry and fishery sector contributed 12.84 percent of the country’s gross domestic product (GDP) in the first quarter, the third-largest contributor after manufacturing industry and trade.Edhy also said state-owned fishery companies PT Perikanan Nusantara (Perinus) and PT Perikanan Indonesia (Perindo) were preparing proposals for around Rp 500 billion each in state capital injections (PMN). The two companies are tasked with buying fishery and aquaculture products to boost demand.Furthermore, the minister also urged state-owned banks and financial institutions to provide loans for aquaculture farmers.The government has allocated Rp 34 trillion in loan interest subsidies and loan-payment relaxations for farmers and fishermen through the microcredit program (KUR) and the government’s UMi and Mekaar programs, among others.“I’ve sent out instructions to relax the access and procedures to get the stimulus so that our farmers and fishermen can secure funds and capital,” Jokowi said on Thursday.Separately, United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) environment and development director Stefanos Fotiou said on Thursday that countries should focus on helping poor coastal communities affected by the negative impact of the pandemic.“In the case of the COVID-19 pandemic, the people left behind were people that did not have access to proper health care, they did not have access to proper facilities,” Stefanos said in an online discussion.The government has projected that up to 3.78 million Indonesians will fall into poverty amid the pandemic, according to its worst-case scenario. That adds to the 24.79 million people who already lived in poverty last year.Fishermen’s average income have fallen sharply to a range of Rp 1 million to Rp 1.5 million per month from Rp 3 million to Rp 5 million as a result of the pandemic, according to the Office of the Coordinating Minister of Maritime Affairs and Investment’s human resource development, science and maritime culture deputy, Safri Burhanuddin.The pandemic is also expected to result in a decline of around 8 percent in production and prices, undoing an upward trend in the previous two years.The government, he said during the discussion, would disburse Rp 600,000 in cash assistance per month for three months to fishermen and salt farmers, among other workers in the fisheries sector.“We have done many things now, but of course it takes time and we will see the results after June or September,” Safri said.“The blue economy is very important for Indonesia as an archipelago so it is our ultimate goal to make it the primary driver of the economy,” he added, referring to the concept of the sustainable use of marine resources to improve economic growth and livelihoods.Topics :last_img read more

MLB Trade Rumours: Rangers chase Ozuna, Braves contemplate Donaldson reunion

first_img FOLLOW US Sreehari Menon MLB trade rumours: White Sox to land Puig?The White Sox are looking to add another right-handed outfielder to their mix despite trading in Nomar Mazara and reportedly agreeing terms with Edwin Encarnación and are looking at Puig as their primary target. Puig could supposedly platoon with the left-handed-hitting Mazara in the right, adding to an outfield that already consists of Mazara, Adam Engel in the centre and Eloy Jiménez in left. It’s been a busy offseason for the White Sox having added left-handers Dallas Keuchel, Gio Gonzalez and Yasmani Grandal to their roster, in addition to the Mazara and Encarnación acquisitions all on free-agent deals.Also Read:MLB Trade Rumours: Dodgers, Red Sox In Talks For Mookie Betts?  According to sources, the White Sox remain engaged with the RF market despite this month’s trade for Nomar Mazara. Yasiel Puig appears to be a primary target.— Mark Feinsand (@Feinsand) December 26, 2019 Written By First Published: 30th December, 2019 20:13 IST The Major League Baseball (MLB) offseason is in the final stages and while teams have made significant forays into the free-agent market, the franchises are yet to lock down their final rosters and are looking to plug all possible holes. While high profile names like Gerrit Cole, Anthony Rendon and Stephen Strasburg have made unbelievable moves, the MLB franchises are looking to add a supporting cast to their star leads. Here, let’s take a look at the latest MLB trade rumours.Also Read: Scott Boras Breaks $1 Billion Mark As MLB Agent Orchestrates Mega Deals For His ClientsMLB Trade Rumours: Texas Rangers looking to add Ozuna to their ranksThe Texas Rangers are looking to add a right-handed outfielder to their ranks. The current line-up of Willie Calhoun, Danny Santana and Joey Gallo is predominantly left-handed and the addition of Ozuna could be a solution to Rangers’ problems. Ozuna had a high flying season in 2017, slashing .312/.376/.548 with 37 home runs and 124 RBIs. While he’s put up substantial numbers at the plate since then, they haven’t been anywhere close to the 2017 level. Yet the Texas Rangers could sign Ozuna in the hopes that his numbers continue at that rate or better, given that traded outfielder Nomar Mazara hit .261/.320/.435 over four seasons for the Rangers. Sources: #Braves have inquired to #Rockies on a Nolan Arenado trade, although discussions between the teams have not been active recently. Atlanta is said to be wary of the salary commitment but has the sort of prospect group Colorado wants in any Arenado deal. @MLB @MLBNetwork— Jon Morosi (@jonmorosi) December 27, 2019 Source: #Braves unlikely to aggressively pursue a Nolan Arenado trade with the #Rockies while Josh Donaldson remains available in free agency. If Donaldson signs elsewhere, Arenado-to-Atlanta becomes more plausible. @MLBNetwork @MLB— Jon Morosi (@jonmorosi) December 29, 2019 COMMENT Rangers could be in play for a righthanded-hitting OF, including stars Nick Castellanos and Marcell Ozuna. They’ve been linked to superstar 3B Nolan Arenado and Josh Donaldson but chances there aren’t necessarily great.— Jon Heyman (@JonHeyman) December 29, 2019 Also Read: MLB’s London Series Games Between Yankees And Red Sox Raised Around £37m In City’s Economy SUBSCRIBE TO US WATCH US LIVE MLB Trade Rumours: Atlanta Braves chasing Arenado amidst Nationals pursuit for DonaldsonThe Atlanta Braves have inquired about a trade for the Rockies’ Nolan Arenado, although talks between the two clubs haven’t been active recently, and Atlanta may be waiting out Josh Donaldson before going in more seriously for Arenado. Josh Donaldson had a massive season for the Braves in 2019, slashing .259/.379/.521 with 37 home runs to help Atlanta to a second consecutive NL East title. There’s a common interest in a reunion, but the club reportedly doesn’t want to go to four guaranteed years for the 34-year-old. The Nationals are also meeping tabs on Donaldson and view him as a potential replacement for Anthony Rendon. The Braves are also exploring a trade involving Kris Bryant, but any deal is unlikely to happen until an arbitrator rules on Bryant’s grievance against the Cubs.Also Read: MLB: Gio Gonzalez Adds To Chicago White Sox’s Rotation After Signing $5 Million Deal LIVE TV Last Updated: 30th December, 2019 20:13 IST MLB Trade Rumours: Rangers Chase Ozuna, Braves Contemplate Donaldson Reunion MLB trade rumours: With the MLB offseason on many players are looking to shift bases, while many franchises are looking to plug holes ahead of the new seasonlast_img read more