Area
Cambodia
Commodity Group
Rice
Commodity
All
Date
08/08/2017
Policy Category
Production
Policy Instrument
Production support, credit facilities
Description
Announced that a credit line for rice millers and exporters would be raised from USD 27 million to USD 50 million. The funds will provide processors and traders with low-interest loans through the Rural Development Bank (RDB) in order to assist them in purchasing paddy from the 2017 main crop harvest and stabilize prices. Additional funds would go to bolster storage and drying capacity.
