Revived Wartime Resource May Soon Power Everything from Bullets to Batteries

This overlooked metal isn't just for the battlefield anymore. It's part of the future energy grid, too. This could be a rare early-stage play in a market that's heating up fast.

Indonesia launches free meals program to feed children and pregnant women to fight malnutrition

NINIEK KARMINI and DITA ALANGKARA
January 06, 2025

JAKARTA, Indonesia (AP) -- Indonesia's new government started an ambitious project on Monday to fight malnutrition by feeding nearly 90 million children and pregnant women that is expected to cost $28 billion through 2029, although critics question whether the program is affordable.

The Free Nutritious Meal program delivers on a campaign promise by President Prabowo Subianto, who was elected last year to lead the nation, which has more than 282 million people and Southeast Asia's largest economy. He said the program aims to fight the stunting of growth that afflicts 21.5% of Indonesian children younger than 5 and would raise the income of farmers.

Subianto has pledged to accelerate GDP growth to 8% from 5% now.

In his inauguration speech in October, Subianto said many children are malnourished. His promise to provide free school lunches and milk to 83 million students at more than 400,000 schools is part of a longer-term strategy to develop the nation's human resources to achieve a "Golden Indonesia" generation by 2045.

"Too many of our brothers and sisters are below the poverty line, too many of our children go to school without breakfast and do not have clothes for school," Subianto said.

Subianto's signature program could cost upward of 450 trillion rupiah ($28 billion) by the end of his term in 2029. He said his team has made the calculations to run such a program, and "We are capable."

The government's target is to reach an initial 19.5 million schoolchildren and pregnant women in 2025 with a budget of 71 trillion rupiah ($4.3 billion) so as to keep the annual deficit under a legislated ceiling of 3% of GDP, said Dadan Hindayana, the head of the newly formed National Nutrition Agency.

Hindayana said the money would buy an estimated 6.7 million tons of rice, 1.2 million tons of chicken, 500,000 tons of beef, 1 million tons of fish, vegetable and fruit, and 4 million kiloliters of milk.

Nearly 2,000 cooperatives will be involved in the free meals program by providing eggs, vegetables, rice, fish, meat, milk and other food, Cooperative Minister Budi Arie Setiadi said.

On Monday, a truck carrying food arrived at SD Cilangkap 08, a primary school in the Jakarta satellite city of Depok. The 740 students were provided rice, stir-fried vegetables, tempeh, stir-fried chicken and oranges.

"We will send a team to each school to facilitate the meal distribution to students every day," Hindayana said, adding that the program will provide one meal per day for each student from early childhood education to senior high school, covering a third of the daily caloric needs for children, with the government providing the meals at no cost to recipients.

But the program has drawn criticism from investors and analysts over the scale of its logistics, the burden on state finances and the economy, and its relation to the interests of industrial lobby groups.

Nailul Huda, a researcher at the Center of Economic and Law Studies, said Indonesia's state finances are not strong enough to support the program and this will lead to additional national debt.

"The burden on our state budget is too heavy if it is forced to reach 100% of the target recipients, and it will be difficult for Prabowo's government to achieve the economic growth target of 8%," Huda said.

He warned it could also worsen the external balance of payments for the country, which is already a major importer of rice, wheat, soybeans, beef and dairy products.

Reni Suwarso, the director of Institute for Democracy, Security and Strategic Studies, said the decline in the stunting rate in Indonesia was far from the target of a 14% reduction in 2024.

According to the 2023 Indonesian Health Survey, the national stunting prevalence was 21.5%, down around 0.8% from the previous year. The United Nations Children's Fund estimated that one in 12 Indonesian children younger than 5 suffers from low weight while one in five is shorter than normal. Both conditions are caused by malnourishment.

"That's so bad and must be solved," Suwarso said. "Child malnourishment has severe consequences, threatening the health and long-term development of infants and young children throughout this nation."

___

This story corrects that the expected cost of the program is $28 billion instead of $28 million and explains that it is through 2029.

___

Associated Press journalists Edna Tarigan and Andi Jatmiko contributed to this report.

Continue Reading...

Popular

Do as I say, not as I do: On my failings as an investor

If a knowledgeable observer trained his or her sights on my choices, what are the trouble spots they would identify? Here are some of the biggies.

This Tiny Tech Stock Could Be the Next Big Platform Play - Ad

One under-the-radar company is embedding intelligence into everyday glass-already powering Ferraris, aircraft, and city buses with adaptive surfaces and vision systems. It's not just a product. It's a platform.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

Revived Wartime Resource May Soon Power Everything from Bullets to Batteries - Ad

This overlooked metal isn't just for the battlefield anymore. It's part of the future energy grid, too. This could be a rare early-stage play in a market that's heating up fast.

Greenland has a message for the rest of the world: Come visit

NUUK, Greenland (AP) — has a message for the rest of the world: We’re waiting for you.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Nike Beats The Street And Says The Worst Is Over

Nike Inc (NKE) stock rallies after upbeat fiscal Q4 results. Analysts maintain Buy ratings, raise price targets, citing potential for growth.

Trump Brokers Peace Deal Between DR Congo And Rwanda — Now Eyes Billions In US Investment

Trump brokers a peace deal between DR Congo and Rwanda, aiming to end conflict and unlock U.S. investment in critical African minerals.

Most Bitcoin Holders Have No Idea This Exists - Ad

I call it "Bitcoin Skimming"... and it allows you to "skim" cash into your account thanks to 2025's surging Bitcoin market. You don't have to buy or sell Bitcoin. Not one single penny's worth. In my latest video briefing, I'll give you everything you need to "skim" your first payout -- and it won't cost you a penny.

UnitedHealthcare Group, Gryphon Digital Mining, AMC Entertainment, Centene, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices were mixed on Tuesday, with the Dow Jones Industrial Average rising 0.9% to 44,494.94 and the S&P 500 declining 0.1% to 6,198.01. The Nasdaq fell 0.8% to 20,202.89. These are the top stocks that gained the attention of retail traders and investors throughout the day:

A Crypto Storm Is Coming - Ad

Right now, conditions are in place for a historic move we expect will be the greatest crypto bull market since Bitcoin emerged. According to one crypto expert (who began mining Bitcoin in his garage in 2013): "We are in the early stages of a crypto mania - the calm before the storm." But most Americans could be blindsided by what's about to happen.

Boeing Rises 2.8% After Key Trading Signal

A significant trading signal occurred for Boeing stock, as it demonstrated a power inflow at $209.02, after which BA rose up to 2.8%.

Iran’s president orders country to suspend cooperation with UN nuclear watchdog IAEA

DUBAI, United Arab Emirates (AP) — Iran’s president on Wednesday ordered the country to suspend its cooperation with after American and Israeli airstrikes hit its most-important nuclear facilities, likely further limiting inspectors' ability to track Tehran's program that had been enriching uranium to near weapons-grade levels.

$1,016/Day in Crypto - Witness the Proven Strategy Now - Ad

Last chance! The "365x Return in 90 Days" crypto Workshop replay disappears this [DAY]. Discover the simple, 92%-win-rate system that turned $250 into $91,457-no charts, no stress.

Nations are meeting to drum up trillions to combat poverty — but the US isn't going

UNITED NATIONS (AP) — Many of the world’s nations are gathering starting Monday in Spain for a high-level conference to tackle the and try to drum up trillions of dollars needed to close it. The United States, previously a major contributor, pulled its participation, so finding funding will be tough.

Dubai’s booming restaurant scene is feeling the heat of high costs and high failure rates

DUBAI, United Arab Emirates (AP) — From suspended tables to underwater lounges, some 13,000 food and drink establishments in Dubai pull out all the stops to attract customers in one of the world’s most saturated dining markets.

Unveil the 365X Crypto Secret - Replay Disappearing Soon! - Ad

Only 12 hours left! Watch the replay of the "365x Return in 90 Days" crypto Workshop before it's gone. Discover Joel and Adam's 4-part system, real success stories, and how to start mirroring their trades. This is your last chance-don't miss out.

Lisa Murkowski Defends Alaska Carveouts As Elizabeth Warren, Bernie Sanders And Rand Paul Condemn Trump's 'Big Beautiful' Bill: 'Not Good Enough For The Rest Of Our Nation'

Senators across party lines are fiercely divided over Donald Trump's $3.3 trillion "Big Beautiful Bill," which narrowly passed the Senate and now heads to the House amid concerns over debt, tax cuts, and social program rollbacks.

Diddy Jury Deadlocked On Racketeering Conspiracy Charge As Verdicts Reached On Sex Trafficking Counts — Jurors To Return Wednesday

Jurors in Sean "Diddy" Combs' trial reached verdicts on four charges related to sex trafficking but remain deadlocked on the racketeering conspiracy charge, with deliberations set to continue.

Buffett Tells Trustee to Put 90% of Money in This One Stock? - Ad

In a surprising move, Warren Buffett (the world's greatest investor, whose firm returned more than 5,000,000% gains), has instructed his trustee to put 90% of his personal money into one stock investment. Buffett says regular folks should be in this stock, too. A CPA and member of the Global CFA Institute explains how to use this stock to optimize your holdings.

Michael Novogratz's Galaxy And Invesco File To Launch Solana ETF: What You Should Know About QSOL

Asset management giant Invesco filed for a cryptocurrency exchange-traded fund focused on Solana (CRYPTO: SOL) on Wednesday, expanding its offerings beyond Bitcoin (CRYPTO: BTC).

China is Tightening Critical Metal Supply-Investors Wondering Who Will Step Up - Ad

This metal powers everything from munitions to batteries. But with China imposing export controls, the West is scrambling for supply. One tiny firm may control a key N. American site-and investors are watching closely.

Sonnet BioTherapeutics Drops 5% Intraday, Rebounds 14% After Hours Amid Delisting Concerns

Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) fell 5.54% on Thursday to close at $3.92, before rebounding 14.29% in after-hours trading to $4.48, amid concerns of a potential NASDAQ delisting.

Bitcoin Just Crossed $120,000 ... How High Will It Go? - Ad

Weiss Ratings Crypto Expert, Juan Villaverde believes that 2025 will be the biggest year in crypto history and there is a new coin that he believes could change Bitcoin and Ethereum from the "Big Two" to the "Big Three" this year.

House Republicans race toward a final vote on Trump's tax bill, daring critics to oppose

WASHINGTON (AP) — Republican leaders in the House are sprinting toward a Wednesday vote on President Donald Trump's , determined to seize momentum from a in the Senate while essentially daring members to defy their party's leader and vote against it.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Drone debris found in Ukraine indicates Russia is using new technology from Iran

Last week, Ukrainian drone hunters picking up the debris from Russia’s nightly assault on their cities found a weapon that stood out from the rest.

US tariffs on European goods threaten to shake up the world's largest 2-way trade relationship

FRANKFURT, Germany (AP) — , the European Union, is among the entities awaiting word Monday on will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic.

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

The U.S. has collected $15B from Trump's tariffs - and now, thanks to Title 15, you could claim your own $100-$1,000 instant upfront cash payouts. No stocks needed. Use your phone and this income technique to collect upfront payouts now.

Trump Says Israel Ready For 60 Day Ceasefire In Gaza, Hopes Hamas Takes The Deal Because It Won't 'Get Better'

Trump proposed 60-day ceasefire in Gaza, which Israel has agreed to. Qatar and Egypt will deliver the proposal to Hamas. Trump meets Netanyahu next week.

Leaked: Jobs' Final Apple Project Exposed - Ad

Bloomberg just leaked details of a secret project Steve Jobs set in motion before his death. After more than a decade under wraps, Apple is finally preparing to unleash this breakthrough - one that could reshape a $9 trillion industry overnight.

The Senate is putting Trump's big bill back on track but hurdles remain

WASHINGTON (AP) — Senate Republicans appeared Friday to push back on track after a flurry of last-minute revisions, including , but there's still a long way to go ahead of expected weekend votes.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service