Area
Myanmar
Commodity Group
Rice
Commodity
All
Date
03/04/2020
Policy Category
Production
Policy Instrument
Production support
Description
Announced that the Myanmar Agricultural Development Bank would lower interest rates on the loans it disburses to agricultural producers from 8 to 7 percent, while interest rates of Japan International Cooperation Agency and Myanmar Economic Bank two-step loans would be cut by 1.5-2.0 percentage points. The revised rates were effective 1 April 2020.
