Indonesian president sacks trade minister after palm oil export uproar – Reuters.com

  • Date: 15-Jun-2022
  • Source: Reuters
  • Sector:Oil & Gas
  • Country:UAE
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Indonesian president sacks trade minister after palm oil export uproar – Reuters.com

JAKARTA, June 15 (Reuters) - Indonesian President Joko Widodo announced a cabinet reshuffle on Wednesday, sacking the trade minister and announcing a replacement following controversy over a series of policy reversals on palm oil exports.

Zulkifli Hasan, chairman of the National Mandate Party (PAN) and a former forestry minister, was sworn in as the country's new trade minister, among other changes.

The previous incumbent Muhammad Lutfi oversaw a flip-flop on policies to contain a surge in domestic cooking oil prices, which included a ban on palm oil shipments from the world's biggest exporter. read more