Ministry Of Trade Promises To Immediately Pay Debt Of Cooking Oil Rafaction Of IDR 474 Billion In The Near Future

Cooking oil (Photo: dock. Antara)

JAKARTA - The Ministry of Trade (Kemendag) promised to immediately pay off debt at a price difference or one-price cooking oil program for retail entrepreneurs in the near future.

As is known, the debt problem with the price difference or one price of the cooking oil program has not found a bright spot. The debt has not been paid to employers for two years since this program was launched in January 2022.

The Director General of Domestic Trade at the Ministry of Trade, Isy Karim, said that his party was still processing the payment of the debt for the cooking oil reaction. He said, there are documents that need to be completed first.

"It's in the process, it's coming soon. It's in the process of the letter," said Isy when met at the Ministry of Trade Office, Jakarta, Wednesday, April 24.

Even so, Isy has not yet spoken further about when the debt payments for the difference in cooking oil prices will be made. However, Isy ensured that payments would be made after a coordination meeting conducted by the government some time ago.

"There used to be a coordination meeting. Now the coordination meeting has decided, now this is just waiting for the document process," he said.

"Anyway, hopefully we'll do it as soon as possible. Now we're working on it, it's circular," he continued.

Previously, Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan said that the government was committed to fulfilling the payment of claims related to the exchange of cooking oil.

Luhut conveyed this commitment while chairing the Coordination Meeting for Cooking Oil Rafaction Payment today, Monday, March 25.

"We have to resolve (the problem) regarding this cooking oil ratio. This has been audited by BPKP (Financial and Development Supervisory Agency) and there is no such issue. We must immediately resolve this, so that traders do not suffer losses," he said in an official statement, Monday, March 25.