AreaSenegal

Commodity GroupRice

CommodityAll

Date12/04/2023

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionDecided to set aside XOF 100 billion (USD 165 million) to support agricultural activities during the 2023/24 agricultural campaign, up 43 percent from funds allocated for 2022/23. The support package would comprise XOF 60.0 billion (USD 99 million) for the provision of seeds of various crops and XOF 40 billion (USD 66 million) for fertilizers. Subsequently announced plans in preparation for the agricultural campaign also indicated that, among other measures, steps would be taken to protect rice crops from grain-eating birds in the Senegal River valley and to intensify rice production in the Senegal and Anambé river valleys through the Société d'Aménagement et d'Exploitation des Terres du Delta du Fleuve Sénégal (SAED) and the Société de Développement Agricole et Industrielle (SODAGRI).

NotesExchange rate as of 15 May 2023.