MATARAM, W. Nusa Tenggara (Jakarta Post): In response to soaring prices of cooking oil, the Mataram Trade and Industry Agency has distributed 6,125 liters of cooking oil to people in need across the regency.
The Agency's supervisory unit head Gusti Ayu Yuliani, said the local administration had provided the fund to subsidize the cooking oil.
For each liter of oil, the administration has paid a subsidy of Rp 2,500.
"The subsidy enables us to sell the oil at the cheaper price of Rp 6,500 per liter into about three thousand households in the region," she said.
The distribution would run until Nov. 12. Only those registered as "poor people" could buy up to two liters of cooking oil.
More than 500 women in Tanjung Karang took advantage of the deal. Regular prices for the oil sit at some Rp 10,000 per liter. --JP
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