Price Dilemma

The price of cooking oil continues to rise. Increased government revenues need to be shared with the poor.

June 2, 2009

WHICH is better: reducing the prices of goods or increasing the income of consumers? This question haunts the people responsible for making policy on national palm oil trading. The fact is that Indonesia produced almost 20 million tons of crude palm oil (CPO) last year, and only needed 4 million tons of the cooking oil ingredient to meet domestic demand. The rest was exported. World demand continues to increase, and the price has become more attr

...

More Articles