Area
Georgia
Commodity Group
Grains
Commodity
Wheat
Date
27/11/2020
Policy Category
Consumption and marketing
Policy Instrument
Subsidies support
Description
Allocated GEL 10 million (about USD 3 million) to subsidize the sale of wheat flour in an attempt to stabilize bread prices. Wheat flour is set at GEL 53 per 50 kg bag (USD 318 per tonne) and the state subsidy will amount to a maximum GEL 10 per 50 kg bag (USD 60 per tonne). The subsidy programme was in place until 31 March 2021.
