The bulk palm cooking oil with Rp14 thousand maximum retail price program has been set since March 16. Now it is April 4; we see progress, although the progress is still not as expected, therefore, our meeting discussed various efforts so that progreJakarta (ANTARA) - National Police chief General Listyo Sigit Prabowo and Industry Minister Agus Gumiwang Kartasasmita held a meeting to discuss the acceleration of bulk cooking oil supply and its maximum retail price.
Minister Kartasasmita said that the effort was made so that the bulk Palm Cooking Oil program, under which the highest retail price was set on March 16, 2022, can be realized in practice.
"The bulk palm cooking oil with Rp14 thousand maximum retail price program has been set since March 16. Now it is April 4; we see progress, although the progress is still not as expected, therefore, our meeting discussed various efforts so that progress can be pushed," the minister said at Police Headquarters.
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Among the efforts to produce more bulk cooking oil was downstream supervision, he informed.
He assured that the available stock was sufficient to fulfill the daily national demand. Currently, 72 of the 79 companies have signed the bulk palm cooking oil contract.
The contract covers the volume of daily national demand and lists areas where producers distribute their items.
Prabowo said the government has made various efforts to ensure the availability of cooking oil for the public.
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These efforts include doubling the production of bulk palm cooking oil, supervising distribution, providing subsidies by imposing HET (retail price ceiling), as well as providing cash assistance for cooking oil to the public and traders.
He assured that the National Police will monitor oil stocks by forming a special task force that will oversee everything, starting from production, distribution, to retailers.
"I ask business actors to follow their obligations so that the needs of the community—especially during Ramadan, in which activity and the need for oil increases—can be truly (met)," said Prabowo.
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Translator: Laily Rahmawaty, Mecca Yumna
Editor: Fardah Assegaf
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