JAKARTA: Indonesia in 2023 approved the replanting of 53,012 hectares (130,995.5 acres) of palm oil trees on land owned by smallholder farmers under a subsidised programme, data from the country's palm oil funding (BPDPKS) agency showed on Wednesday.
The size of the replanting increased from 30,759 hectares in 2022, but still fell below Indonesia's annual target. BPDPKS is in charge of distributing subsidies for the replanting of palm oil trees.
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