Harry Tanoe's Perindo Party Proposes Solutions To Lower Cooking Oil Prices

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JAKARTA - Spokesperson for the Indonesian Unity Party (Perindo) for Social Affairs and People's Welfare Yerry Tawalujan proposed a solution model to control cooking oil prices.

"There are 4 things that need to be done to reduce the price of cooking oil," said the spokesman for the Indonesian United Party (Perindo) for Social Affairs and People's Welfare, Yerry Tawalujan, as quoted by Antara, Saturday, March 19.

First, according to him, 25 percent of the total production of crude palm oil (CPO) must be sold domestically following the highest retail price (HET) set by the government.

Second, the remaining 75 percent of CPO production can follow market prices. Third, the government said he needed to firmly control the price of CPO, because the price is indeed very high.

"If it is not controlled, it will be difficult to make cooking oil prices go down," he said.

Fourth, the policy will not harm entrepreneurs and CPO producers, because the profits from palm oil are very high due to price increases, while production costs remain the same.

"The Perindo party is very supportive of the small people. We are not willing to see palm oil companies having extraordinary harvests, but on the other hand, the people are having a hard time," said Yerry.

Yerry mentioned the importance of this policy being set because the cost of living for the community has increased even though purchasing power is still low due to the impact of the pandemic.

"If the price of cooking oil is opened following the market price, the people's cost of living will increase. This cannot happen. We Perindo Party will fight so that people are not burdened and the price of cooking oil is controlled," said Yerry.