Indonesia imposes mandatory domestic sales for palm oil World

Indonesia imposes mandatory domestic sales for palm oil

Indonesia has imposed a rule starting on January 27 for a mandatory portion of palm oil to be sold domestically at a maximum price of 9,300 rupiah (0.6465 USD) per kg for crude palm oil and 10,300 rupiah per kg for olein, according to Indonesian Trade Minister Muhammad Lutfi.
IMF revises down Indonesia’s growth projection in 2022 World

IMF revises down Indonesia’s growth projection in 2022

The International Monetary Fund (IMF) has downgraded Indonesia's 2022 economic growth forecast to 5.6 percent in 2022, from 5.9 percent in its October report, due to the spread of the Omicron variant and slower global economic growth.