AreaVenezuela (Bolivarian Republic of)

Commodity GroupRice

CommodityAll

Date20/11/2017

Policy CategoryProduction

Policy InstrumentSupport prices, price controls

DescriptionSet producer prices for wet paddy at VEF 4 000 per kg. The move follows September discussions between sector representatives and Government entities, under the Law on Sovereign Supply and Agreed Prices (Plan 50) initiative that sets forth a new system to determine the prices of 50 necessities.