AreaCambodia

Commodity GroupRice

CommodityAll

Date08/08/2017

Policy CategoryProduction

Policy InstrumentProduction support, credit facilities

DescriptionAnnounced that a credit line for rice millers and exporters would be raised from USD 27 million to USD 50 million. The funds will provide processors and traders with low-interest loans through the Rural Development Bank (RDB) in order to assist them in purchasing paddy from the 2017 main crop harvest and stabilize prices. Additional funds would go to bolster storage and drying capacity.