Trade and markets
 

Detail

Area
Myanmar
Commodity Group
Rice
Commodity
All
Date
01/01/2013
Policy Category
Production
Policy Instrument
Production support, credit
Description
Announced that seasonal loan limits for summer paddy crops would be raised from Kyat 80 000 to 100 000 per acre (USD 284 per ha), with the repayment period for loans for wet season crops further extended to March 2013. The measure is geared at sustaining farmers that have incurred losses due to floods.
Notes
Exchange rate as of 15 January, 2013