Trade and markets
 

Detail

Area
Guyana
Commodity Group
Rice
Commodity
All
Date
29/01/2016
Policy Category
Production
Policy Instrument
Budgetary allocations, production support, tax policy, export promotion
Description
As part of its 2016 budget, announced that GYD 20.3 billion (USD 94 million) would be allocated to the agricultural sector. Steps would be taken to encourage agricultural diversification, boost competitiveness and to intensify agricultural research, training and extension services. The Government would also continue to assist the rice sector find new outlets for its produce, with parboiled rice exempted from value added taxes.
Notes
Exchange rate as of 1 April 2016.