Palm Oil Plantation Fund Management Agency (BPDPKS) Prepares to Disburse Cooking Oil Subsidy

The Palm Oil Plantation Fund Management Agency (BPDPKS) conveyed its readiness to subsidize cooking oil prices next year. BPDPKS is currently waiting for a decision from the BPDPKS Steering Committee to approve the grant of the subsidy.
"Until now there has been no decision made by the Steering Committee that BPDPKS funds can be used for bulk cooking oil subsidies. However, if we are assigned, we can financially," said BPDPKS President Director Eddy Abdurrachman at a press conference in Jakarta, Tuesday (28/28/2020). 12). Eddy said that based on regulations, the use of BPDPKS funds could be used for food needs. However, in terms of technical use, the approval of eight ministers who are members of the steering committee is required. He explained, in terms of budget availability, BPDPKS was able to allocate the collected palm oil export levy funds for cooking oil subsidies. According to him, the current high price of palm oil has also contributed to the high levy funds.

|•SOURCE•| Articles :TEMPO | Image :BPDP |

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