Indonesia’s palm oil export levy collection in 2022 is estimated at 68.18 trillion rupiah ($4.76 billion), down from last year’s 71.6 trillion rupiah, said Eddy Abdurrachman, head of the palm oil fund agency.
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The agency, which manages the fund, expects to distribute 57.92 trillion rupiah in biodiesel subsidies this year and spend 8.35 trillion rupiah to subsidise bulk cooking oil, Eddy said at a parliamentary hearing, as the government seeks to control food inflation.
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