Indonesia ministry to hold briefing on lifting of palm oil export ban -Breaking
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© Reuters. FILEPHOTO: Indonesian Palm Oil Farmers protest the country’s ban on exporting palm oil. They were outside Jakarta, Indonesia, Coordinating Ministry of Economic Affairs, May 17th, 2022. REUTERS/Willy KurniawanJAKARTA (Reuters – A media invitation has invited the Coordinating Ministry for Economic Affairs in Indonesia to host a briefing regarding Indonesia’s reopening its palm oil exports. It will take place at 3:00 GMT Friday.
Joko Widodo (the President) announced that Indonesian is now the biggest edible oil producer in the world. He lifted the ban on Monday, after having imposed the policy on April 28, to help control rising domestic prices.
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