AreaRwanda

Commodity GroupRice

CommodityAll

Date16/03/2020

Policy CategoryConsumption and marketing

Policy InstrumentPrice controls, rationing

DescriptionIn a bid to stem increases in local quotations during the COVID-19 emergency, instructed retailers and wholesalers to refrain from setting prices of foodstuffs above prescribed levels. According to the decision, in the case of local rice, prices should not exceed RWF 18 000-19 700 per 25 kg (USD 0.76 -0.83 per kg) at wholesale level and at RWF 750-850 (USD 0.79-0.89) per kg at retail level. For imported rice, ceilings were set at RWF 20 500- 26 500 per 25 kg (USD 0.86-1.11 per kg) at wholesale level and at RWF 840-1 200 (USD 0.88-1.26) per kg at retail level, depending on the various origins and qualities. Successive instructions also stipulated that a maximum of 5 kg of rice is to be sold per individual per day.

NotesExchange rate as of 15 May 2020.