AreaMalaysia

Commodity GroupRice

CommodityAll

Date04/09/2021

Policy CategoryStocks

Policy InstrumentStock-holding policy

DescriptionStated that it intended to gradually increase the size of government stockpiles of rice from 150 000 tonnes to 290 000 tonnes by 2023. The reserve expansion would be executed by Padiberas Nasional Berhad (BERNAS), which would also bear its financial costs, as part of the import concession agreement signed by the enterprise and the Government in late 2020.