Food Policy and Market Developments

Free text search
07/01/2020
On 24 December 2019, the Government announced the suspension of the 35 percent import duty on soft wheat, set in September last year (FPMA Food Policies), from 2 January to [...]
18/12/2019
On 14 December, the Government eliminated the export tax limit of ARS 4 per USD 1 of export value for a number of commodities, including wheat, maize, sorghum and barley, [...]
16/12/2019
Amid rising food prices, the Government temporarily reduced the import tax for imported wheat flour from LKR 36 per kg to LKR 8 per kg, effective from 14 December. In [...]
02/12/2019
On 28 November, the Economic Coordination Committee (ECC) raised the minimum support price of wheat from the previously-announced level of PKR 1 350 per 40 kg (FPMA Food Policies) to [...]
25/11/2019
In late November, an announcement made by the Government of Zimbabwe indicated the temporary removal of import controls on maize and wheat flour, amidst a tight supply situation of key [...]
14/11/2019
On 13 November, the Economic Co-ordination Committee (ECC) of the Cabinet announced an increase in the wheat procurement price by nearly 4 percent to PKR 1 350 (USD 8.62) per [...]
24/10/2019
On 23 October, the Government increased the Minimum Support Prices (MSP) for the 2020 winter “Rabi” crops, about to be planted. The MSP for wheat, the main “Rabi” crop, was [...]
21/10/2019
On 15 October, the Government began implementing the price guarantee scheme. Under the scheme, which will run from October this year to February 2020, if market prices drop below the [...]
17/10/2019
On 15 October, the Government’s Leading Committee for Farmers Rights Protection and Interests Promotion announced the floor price for the 2019/20 main and second season low-quality paddy crops. The price [...]
16/10/2019
On 14 October, the Government announced an indefinite ban on imports and exports of all goods through land borders nationwide. A partial closure of the borders was already implemented on [...]