Government launches cash transfer program for cooking oil – Business

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Divya Karyza (The Jakarta Post)

PRIME

Jakarta ●
Tue, April 5, 2022

The government has launched an unconditional cash transfer (BLT) program for cooking oil to help low-income Indonesian households buy the staple, which has become more expensive this year.

President Joko “Jokowi” Widodo has ordered the Ministry of Finance, the Ministry of Social Affairs, the police and the Indonesian Army (TNI) to distribute the funds quickly as the country enters the fasting month of Ramadan, when food prices generally increase due to higher seasonal demand.

“The BLT for cooking oil will be secured and disbursed immediately, especially during the fasting month of Ramadan to maintain people’s purchasing power,” said Febrio Nathan Kacaribu, director of the Fiscal Policy Agency ( BKF) of the Ministry of Finance, in an online discussion on Monday.

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