Indonesia Plans to Develop Cocoa, Coconut Sectors Using Palm Oil Fund

FOOD COMMODITY - JAKARTA. Indonesia plans to use funds from its palm oil export levy to finance development of the country's cocoa and coconut sectors, the country's trade minister said on Wednesday.

The world's biggest palm oil exporter has since 2015 collected a levy to fund its palm oil biodiesel mandate, smallholder replanting programme and palm oil research.