Jokowi - It is considered better than must be exported to the European Union, which often discriminate against palm oil from Indonesia.
We wear own course,” said Jokowi in the event Compass CEO 100 Forum 2019 at the Ritz Carlton, Jakarta, Thursday (28/11).
The current government requires a mixture of palm oil by as much as 20% on biodiesel or B20 which is targeted to be increased to B30 in the next year.
(Read: The Anticipation Of The Impact Of The Campaign The Black Oil, The Government Thrust B30)
With the processing of the CPO, he is confident the price of the main commodity of Indonesia in the international market is going to rise the next few years.
Meanwhile, the central bank noted that the current account deficit in the third Quarter of 2019 to reach US$ 7.7 billion or 2.7% of Gross Domestic Product.
