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In keeping with the commitment made by His Excellency, President Dr. Irfaan Ali, in April this year, the Ministry of Agriculture will commence the distribution of cash subsidies to rice farmers across Guyana beginning next week.
This commitment was made during a consultation with hundreds of rice farmers at the Arthur Chung Conference Centre (ACCC) on April 30, as part of the Government’s ongoing efforts to support the rice industry in the face of increasing global challenges affecting agricultural production and markets.
Following consultations with farmers, it was agreed that the assistance would be provided through direct cash transfers. Rice farmers cultivating 50 acres or less will receive $15,000 per acre, while those cultivating more than 50 acres will receive $10,000 per acre.
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