InfoSAWIT, JAKARTA – The government through Palm Oil Plantation Fund Management Agency (PFMA) prepared Rp 7,6 billion to fund packaged palm cooking oil about 250 million liters per month or 1,5 billion liters in the next six months for the people.
Minister of Trade, Muhammad Lutfi said that the policy has been socialized to many palm cooking oil producers, and modern retailers. At the principles, they support the policy to stabilize palm cooking oil price.
The government wants to fulfill food needs for the people in economic price so that they can afford palm cooking oil which is, Rp 14.000 per liter that the government decided.
“To deliver more advantages for the people, the government published policy to provide single price of palm cooking oil. It is hoped the people could afford it and on the other hand, the producers will not be in loss about price gap for the government will pay,” Lutfi said, as in the official statement to InfoSAWIT, Tuesday (18/1/2022).
Until now, 34 palm cooking oil producers are committed to take part in it. (T2)