Updated: Apr 25, 2022
At CIPS, we dissect and analyze public policies. One that attracted our attention recently is the government’s plan to update its approach to cross-border trade and quota permits for the importation of global commodity supplies; called the Neraca Komoditas (NK), or loosely translated to Commodity Balance.
In April last year, the government presented NK to determine how it sets quotas for import and exports. It would be an integrated national database system to track supply and demand in commodities for industries and consumers.
It identifies shortages or excesses in domestic production of target commodities to base quota setting in the issuing o