Area
Sri Lanka
Commodity Group
Rice
Commodity
All
Date
05/02/2019
Policy Category
Production
Policy Instrument
Government procurement
Description
Approved a budget of LKR 5.0 billion (USD 28.6 million) to purchase paddy from the 2019 Maha harvest. Under the procurement drive, the Paddy Marketing Board will offer farmers LKR 41 per kg of Samba purchased (USD 235 per tonne), or LKR 38 per kg (USD 217 per tonne) in the case of Nadu paddy.
Notes
Exchange rate as of 15 April 2019.
