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Indonesia: Provided IDR 7.6 trillion for cooking oil price stabilization

Description

On 11 January 2022, the government of Indonesia issued the Ministry of Trade Regulation No. 1/2022, providing an IDR 7.6 trillion (USD 531.14 million) subsidy to domestic cooking oil producers. The ob...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Jan 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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