AreaSri Lanka

Commodity GroupRice

CommodityAll

Date05/02/2019

Policy CategoryProduction

Policy InstrumentGovernment procurement

DescriptionApproved a budget of LKR 5.0 billion (USD 28.6 million) to purchase paddy from the 2019 Maha harvest. Under the procurement drive, the Paddy Marketing Board will offer farmers LKR 41 per kg of Samba purchased (USD 235 per tonne), or LKR 38 per kg (USD 217 per tonne) in the case of Nadu paddy.

NotesExchange rate as of 15 April 2019.