Indonesia Domestic Cooking Oil To Rise Ahead of Ramadan
Indonesia's trade minister, Zulkifli Hasan on Monday, January 30th said that oil cooking producers must increase supply to the domestic market by 50 percent.
Indonesia's trade minister, Zulkifli Hasan on Monday, January 30th said that oil cooking producers must increase supply to the domestic market by 50 percent.
The alleged corruption is in the provision of export facilities for crude palm oil (CPO) for several companies. Five suspects are brought into the case.
He said the decision wasnt made lightly by President Joko Widodo because while export results in shortage and price hike in Indonesia, it contributes greatly to national economy.
President Joko Widodo announced that the Indonesian government would ban the export of cooking oil and its raw materials starting Thursday, April 28, 2022, for an undetermined time limit.
"There are four suspects. First, an echelon 1 official at the Ministry of Trade named IWW (namely) the Director General of Foreign Trade of the Ministry of Trade," said Attorney General
Each household will receive Rp300,000.
The figure, however, was lower compared to January survey.