Draining Coffers for Biodiesel
The government decided to inject some Rp2.78 trillion to support the Indonesian Palm Oil Plantation Fund Management Agency in the swelling B30 program. It is seen as only benefiting oil palm oil giants that produce biodiesel.
Retno Sulistyowati
June 16, 2020
LATELY, Eddy Abdurrahman has been meticulously following price developments of global crude oil and palm oil, also the exchange rates of the US dollar and rupiah. This former customs director-general has been anxiously following the fluctuation in these three indices since he has been appointed as Chief Executive Officer (CEO) of Indonesian Oil Palm Plantation Fund Management Agency (BPDPKS) on March 2. “I follow it from day-to-day,”
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