Trade and markets
 

Detail

Area
Guinea-Bissau
Commodity Group
Rice
Commodity
All
Date
02/08/2017
Policy Category
Consumption and marketing
Policy Instrument
Price controls
Description
Set a maximum retail price of XOF 16 500 per 50 kg of fully broken rice (USD 0.59 per kg) in Bissau, and of XOF 17 000 per 50 kg (USD 0.61 per kg) for other parts of the country. The government would also take other steps to quell increases in domestic rice prices, including temporary tax relief measures, according to press reports.
Notes
Exchange rate as of 1 October 2017.