The Oil Palm Fund Disarray
Monday, 11 April 2022
Tycoons close to the government benefit the most from the oil palm fund. This is rife with conflicts of interest.
THE Oil Palm Plantation Fund Management Agency (BPDPKS)—more conveniently referred to as the Oil Palm Agency—has an important job. It is tasked with sustainably developing the commodity through six types of activities. However, it turns out that it is prioritizing only one: supporting the development of biodiesel.
From 2015 to 2021, the Oil Palm Agency received Rp139.2 trillion from levies on the export of crude palm oil (CPO)&n...
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