AreaMadagascar

Commodity GroupRice

CommodityAll

Date29/01/2021

Policy CategoryConsumption and marketing

Policy InstrumentConsumer prices

DescriptionBegan distributing rice imported by the public entity State Procurement of Madagascar, in an effort to aid consumers cope with increases in domestic prices. Under the drive, households would be able to purchase up to 5 kg of state-imported rice at MGA 1 500 (USD 0.39) per kg. Successive moves lowered the price of the state-imported rice to MGA 1 200 (USD 0.31) per kg.

NotesExchange rate as of 15 May 2021.