PALMOILMAGAZINE, BOGOR – The Palm Oil Plantation Fund Management Agency (PFMA) conducted its 2024 work meeting in Bogor with the objective of assessing past achievements and devising strategies for the upcoming year. The theme “Sawit Melayani Lebih Baik” (Serving Palm Better) was chosen to reflect PFMA’s commitment to enhancing the quality of service in fund management.
During the opening ceremony, PFMA Director Eddy Abdurrachman stated that the work meeting aimed to actualize past achievements and establish more realistic targets. Performance goals, natural resource management, and financial responsibility were considered foundational elements for formulating improved targets to be implemented efficiently and cost-effectively.
The meeting unveiled PFMA’s 2023 performance, highlighting the distribution of 12.1 million kiloliters of biodiesel, participation in 250 internal and external activities, and the allocation of funds for 7,087 individuals for student and palm oil human resources. The engagement in 112 research activities underscored PFMA’s commitment to supporting research and development programs across both upstream and downstream sectors.
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General Director of Treasury, Astera Primanto Bhakti who attended it also told that it needed research that would have something to do with macro economy and national budget performance in association with PFMA main focus. Though he appreciated about palm oil research and development, Astera emphasized PFMA should solve every challenge.
PFMA should escalate creativity to get financial instruments within competitive return and should conduct efficient cost in activity diversification. As the institution that the government obliges, PFMA should show its toughness to do fund management, and escalate coordination among institutions.
In the meeting, Director of Budget, Tri Budhianto talked about expenditure, related regulation about honorarium and official visit in Ministry of Finance. He told that the performance of PFMA with its budget, would be determining its performance from Directorate of Treasury and the realization in PFMA hit the good level.
It was attended by some official, such as, Secretary of General Directorate of Treasury, the representatives from General Directorate of New Renewable Energy and Energy Conversion Ministry of Energy and Mineral Resource, Head of Sub-General Directorate of Budget, representatives from Bank Himbara, directors of PFMA, and workers in PFMA.
PFMA emphasized its commitment to keep escalating unity and togetherness; reinforcing synergy among the workers and getting harmony with internal and external partners in Ministry of Finance, and other stakeholders. With the theme above, PFMA would be committed to keep delivering the best service in palm oil fund management for the industrial development nationally. (T2)
