Area
Madagascar
Commodity Group
Rice
Commodity
All
Date
29/01/2021
Policy Category
Consumption and marketing
Policy Instrument
Consumer prices
Description
Began distributing rice imported by the public entity State Procurement of Madagascar, in an effort to aid consumers cope with increases in domestic prices. Under the drive, households would be able to purchase up to 5 kg of state-imported rice at MGA 1 500 (USD 0.39) per kg. Successive moves lowered the price of the state-imported rice to MGA 1 200 (USD 0.31) per kg.
Notes
Exchange rate as of 15 May 2021.
