AreaMyanmar

Commodity GroupRice

CommodityAll

Date07/10/2022

Policy CategoryProduction

Policy InstrumentProduction support, credit support

DescriptionAnnounced that it prioritized exports of rice and rice products within its national export strategy and that it planned to disburse MMK 200 000 (USD 94) per acre at concessionary rates to support contract farming on 850 000 acres of (344 000 hectares) paddies cultivated during the 2022/23 summer-crop cycle.

NotesExchange rate as of 15 October 2022.