{"id":27272,"date":"2024-01-11T07:54:54","date_gmt":"2024-01-11T07:54:54","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=27272"},"modified":"2024-01-19T08:35:01","modified_gmt":"2024-01-19T08:35:01","slug":"downstreaming-palm-oil-helps-push-economic-growth-to-7","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2024\/01\/11\/downstreaming-palm-oil-helps-push-economic-growth-to-7\/","title":{"rendered":"Downstreaming Palm Oil Helps Push Economic Growth To 7%"},"content":{"rendered":"<p>JAKARTA &#8211; Indonesian economic growth can be driven up to 7% this year (2024) through the expansion of downstream palm oil industry, mineral industry and tax income, a senior economist said.<!--more--><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-27274\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?resize=845%2C519&#038;ssl=1\" alt=\"\" width=\"845\" height=\"519\" srcset=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?w=845&amp;ssl=1 845w, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?resize=300%2C184&amp;ssl=1 300w, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?resize=768%2C472&amp;ssl=1 768w\" sizes=\"auto, (max-width: 845px) 100vw, 845px\" \/><\/p>\n<p>The Institute for Development of Economics and Finance (Indef) Senior Economist Dr. Aviliani said that as the top commodity of Indonesia, the palm oil plays an important role in the country\u2019s national economy. The government\u2019s policy of further expanding the downstream palm oil industry will increase added values and multiplier effect on the national economy. \u201cFurther downstreaming the palm oil industry will raise public consumption, absorb farmers\u2019 production, increase farmers\u2019 welfare and foreign exchange for the state.<\/p>\n<p>\u201cBesides, the presidential election in just one round is also a very decisive factor in realizing the target of economic growth,\u201d Aviliani said during the public discussion on the reflection of palm oil industries 2023 and future challenges, which was organized by Rumah Sawit Indonesia (House of Indonesian Palm Oil &#8212; RSI) at The Westin Hotel, Jakarta, on Wednesday (10\/1).<\/p>\n<p>Currently, she said business players are now taking a stance of wait and see, pending the result of presidential election. If the presidential election will only be proceeding in just one round in February 2024, then business players can determine their next step sooner.<\/p>\n<p>\u201cBut, if the election proceeds in two rounds, investments will be stalled. It means the business players will have to wait until the second semester of 2024. If that\u2019s the case, then the target of economic growth will be difficult to realize,\u201d said Aviliani.<\/p>\n<p>Aviliani opined that although China will be able to increase its trade this year, the USA will still dominate the global trade with its currency for the next few years. \u201cThe global epicentrum is still gripped by the USA hegemony,\u201d she said.<\/p>\n<p>On the other side, Aviliani said that China is reluctant to see its currency too dominant in the global trade. (*)<\/p>\n<p>Source: <em><a href=\"https:\/\/www.sawitku.id\/ekbis\/81411477494\/hilirisasi-sawit-bantu-dorong-pertumbuhan-ekonomi-7-persen\">sawitku.id<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAKARTA &#8211; Indonesian economic growth can be driven up to 7% this year (2024) through the expansion of downstream palm oil industry, mineral industry and tax income, a senior economist said.<\/p>\n","protected":false},"author":1,"featured_media":27274,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-27272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Downstreaming Palm Oil Helps Push Economic Growth To 7% - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Currently, she said business players are now taking a stance of wait and see, pending the result of presidential election. 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Considering such role, the industry ministry (Kemenperin) will focus on implementation of palm oil down-streaming policy to increase added values of agricultural commodities in the country. \u201cThe palm oil industries play\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/05\/Kemenperin_Fokus_sawitkita.id_.jpg?fit=725%2C472&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/05\/Kemenperin_Fokus_sawitkita.id_.jpg?fit=725%2C472&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/05\/Kemenperin_Fokus_sawitkita.id_.jpg?fit=725%2C472&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/05\/Kemenperin_Fokus_sawitkita.id_.jpg?fit=725%2C472&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":21984,"url":"https:\/\/gapki.id\/en\/news\/2022\/09\/15\/is-downstreaming-program-of-palm-oil-industry-successful\/","url_meta":{"origin":27272,"position":1},"title":"Is Downstreaming Program Of Palm Oil Industry Successful?","author":"admin","date":"September 15, 2022","format":false,"excerpt":"Jakarta \u2013 The industry ministry\u2019s Agroindustry Director General Putu Juli Ardika said that the government\u2019s downstreaming program of palm oil industry has been quite successful in Indonesia. Currently, Indonesia\u2019s palm oil exports are mostly downstream products. During a hearing with the house of representatives\u2019 (DPR) Commission VII on Tuesday, 13\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/Marathon_2022_oilpalm.jpg?fit=1058%2C537&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/Marathon_2022_oilpalm.jpg?fit=1058%2C537&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/Marathon_2022_oilpalm.jpg?fit=1058%2C537&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/Marathon_2022_oilpalm.jpg?fit=1058%2C537&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/11\/Marathon_2022_oilpalm.jpg?fit=1058%2C537&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":31017,"url":"https:\/\/gapki.id\/en\/news\/2026\/01\/27\/smallholders-call-for-founding-of-palm-authority-body\/","url_meta":{"origin":27272,"position":2},"title":"Smallholders Call For Founding of Palm Authority Body","author":"admin","date":"January 27, 2026","format":false,"excerpt":"JAKARTA \u2013 Oil palm smallholders grouped under the Association of Indonesian Oil Palm Smallholders (Apkasindo) have urged the government to immediately establish a Palm Oil Authority Body, aimed at developing palm oil as a strategic commodity within Indonesia\u2019s national development program. Apkasindo Chairman Gulat ME Manurung said in a press\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/tbs_petani_sindonews.net_.jpg?fit=844%2C493&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/tbs_petani_sindonews.net_.jpg?fit=844%2C493&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/tbs_petani_sindonews.net_.jpg?fit=844%2C493&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/09\/tbs_petani_sindonews.net_.jpg?fit=844%2C493&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":29980,"url":"https:\/\/gapki.id\/en\/news\/2025\/07\/11\/four-lanes-of-palm-downstreaming-to-generate-ris-economy\/","url_meta":{"origin":27272,"position":3},"title":"Four Lanes Of Palm Downstreaming To Generate RI\u2019s Economy","author":"admin","date":"July 11, 2025","format":false,"excerpt":"Palm oil is not just limited for cooking oil alone. It can actually be used as raw material to produce hundreds of derivative products in various economic sectors. Through down-streaming process, Indonesian palm oil industries are categorized into four main lanes of down-streaming, which makes it as one of the\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/07\/4_ilustration_palmoil_downstreaming_-_.webp?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/07\/4_ilustration_palmoil_downstreaming_-_.webp?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/07\/4_ilustration_palmoil_downstreaming_-_.webp?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/07\/4_ilustration_palmoil_downstreaming_-_.webp?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/07\/4_ilustration_palmoil_downstreaming_-_.webp?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":28103,"url":"https:\/\/gapki.id\/en\/news\/2024\/07\/01\/gapki-palm-oil-downstreaming-depends-on-market-condition\/","url_meta":{"origin":27272,"position":4},"title":"GAPKI: Palm Oil Downstreaming Depends On Market Condition","author":"admin","date":"July 1, 2024","format":false,"excerpt":"JAKARTA - A number of associations of downstream palm oil industries have revealed the parameters that determine the success of\u00a0 downstreaming program in Indonesia\u2019s palm oil industries. Currently, the country\u2019s export of crude palm oil (CPO) is far lower than those of processed palm oil products. The Indonesian Palm Oil\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/eddy-martono_.jpg?fit=784%2C481&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/eddy-martono_.jpg?fit=784%2C481&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/eddy-martono_.jpg?fit=784%2C481&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/02\/eddy-martono_.jpg?fit=784%2C481&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28330,"url":"https:\/\/gapki.id\/en\/news\/2024\/08\/20\/ri-to-intensify-downstreaming-of-palm-oil-industries-next-year\/","url_meta":{"origin":27272,"position":5},"title":"RI To Intensify Downstreaming Of Palm Oil Industries Next Year","author":"admin","date":"August 20, 2024","format":false,"excerpt":"JAKARTA - Indonesia is seeking to further strengthen its downstream palm oil industries next year to increase exports, improve the welfare of smallholders, and further develop the renewable energy through the biodiesel 35 percent and biodiesel 40 percent (B35 and B40) production and consumption. \u201cDownstreaming will become one of our\u2026","rel":"","context":"In &quot;Publication&quot;","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/sri_mulyani_promediateknologi.id_.jpg?fit=693%2C455&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/sri_mulyani_promediateknologi.id_.jpg?fit=693%2C455&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/08\/sri_mulyani_promediateknologi.id_.jpg?fit=693%2C455&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?fit=845%2C519&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=27272"}],"version-history":[{"count":1,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27272\/revisions"}],"predecessor-version":[{"id":27275,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27272\/revisions\/27275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/27274"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=27272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=27272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=27272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}