Coordinating Minister Luhut Announces Rp 172 Trillion Investment to Improve Palm Oil Plantation Governance

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Luhut Binsar Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment, has placed a high priority on enhancing the efficiency of palm oil plantation governance. Photo by: Special

PALMOILMAGAZINE, BALI – Luhut Binsar Pandjaitan, the Coordinating Minister for Maritime Affairs and Investment, has placed a high priority on enhancing the efficiency of palm oil plantation governance. To achieve this goal, he has secured a budget of approximately Rp 172 trillion.

This allocation aims to address inefficiencies highlighted in an audit conducted by the Badan Pengawasan Keuangan dan Pembangunan (BPKP), which revealed various inefficiencies in palm oil management within the Ministry of Environment and Forestry (MEF).

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Pandjaitan intends to convene a meeting in Jakarta in the near future, inviting relevant ministries to discuss and address regulatory obstacles that may hinder efficiency. He emphasized that certain regulations across ministries often overlap, impeding effective implementation in the field.

Also Read: Bold reform imperative after amnesty for shady palm oil plantations 

“I would report it to President, for instance, one regulation in one ministry is the same with others. This is overlapping and this is the obstacle,” he said, as Palmoilmagazine.com quoted from Antara, Friday (8/3/2024).

Harmonious regulation would be the main factors. He also hoped every regulation should be adjusted in order not to block one to another namely in palm oil plantation development. Just like President Joko Widodo ordered, data about palm oil plantation governance needs improvement to be more efficient. Panjaitan also believed that inefficient issues would be found in many instances in this country. that is why, it needs to always improve and continue with further audit by BPKP. The goal is about to make sure that budget would be spent but deliver impacts as same as what the government wanted to get.

Head of BPKP, Muhammad Yusuf Ateh said that it is important to make sure that the budget would be spent by noticing the quality and efficiency.

Besides auditing, Panjaitan also asked BPKP to formulate details of budget from each ministry/institution to identify inefficient spent. By these steps, it is hoped the the budget would be managed more efficient and qualified just like the government hoped for.  (T2)

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