AreaPanama

Commodity GroupRice

CommodityAll

Date31/01/2022

Policy CategoryProduction

Policy InstrumentProduction support, finance and credit facilities

DescriptionAnnounced that it would provide PAB 50 (USD 50) million through a credit factoring facility in the National Bank of Panama to ease liquidity constraints faced by the rice sector and to help them cope with the impacts of the COVID-19 pandemic and hikes in prices of agricultural inputs. The scheme would be implemented until December 2022, with the possibility of extension.