REPUBLIKA.CO.ID, SERDANG BEDAGAI -- The government has spent Rp3 trillion to fund a program to rejuvenate the palm oil plantations of people in North Sumatra Province.
"We have spent Rp3 trillion for the palm oil replanting program. However, the challenge is not the budget but the seed supplies," President Joko Widodo stated in a speech during the inauguration of the palm oil rejuvenation program in Kota Tengah Village, Serdang Bedagai District, on Monday.
Widodo said the government requires more funding to rejuvenate thousands of hectares of palm oil plantations in the province.
One of the financing schemes for rejuvenating palm oil is by utilizing the people's business loans.