| Issue |
BIO Web Conf.
Volume 119, 2024
The Second International Conference on Agriculture, Natural Resources, and Rural Development “Enabling Policies Towards Resilient Agriculture and Sustainable Rural Development” (2nd ICANaRD)
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|---|---|---|
| Article Number | 04003 | |
| Number of page(s) | 8 | |
| Section | Agricultural Institution, Agricultural Finance and Insurance | |
| DOI | https://doi.org/10.1051/bioconf/202411904003 | |
| Published online | 12 July 2024 | |
Utilisation of warehouse receipt system as a national food reserve instrument
1 Bureau of Planning, Ministry of Agriculture, Jakarta, Indonesia
2 Indonesian Center for Agricultural Socio-Economic and Policy Studies, Ministry of Agriculture, Bogor, Indonesia
3 Research Centre for Economics of Industry, Services, and Trade, National Research and Innovation Agency, Jakarta, Indonesia
4 Research Center for Social Welfare, Village and Connectivity, National Research and Innovation Agency, Jakarta, Indonesia
* Corresponding author: endrogun007@gmail.com
The warehouse receipt system (WRS) is an instrument for sales delay and financing systems, but it can be essential for developing and strengthening a national food reserve system. This study aims to analyse the performance of the WRS in Indonesia and the role of the WRS as a legal instrument in strengthening the national food reserve system. This study was conducted in 2022, using secondary data from various agencies. The analysis was carried out through a qualitative and descriptive approach. The research results show that WRS in Indonesia has developed relatively slowly. Its functions as delay sales and financing instruments have been negligible, including its limited number, volume, and values of commodities stored in the warehouses, the number of receipts issued, and the total value of financing it disbursed. Until now, the WRS in Indonesia has not been able to act as an instrument for building national food reserves. This study provides some policy recommendations, as follows: (i) the need to fulfil the adequacy conditions for the WRS and (ii) the need to revise Law No. 9/2011 of WRS by adding an article regarding the need for the WRS Council as an inter-Ministerial institution.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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