Guyanese gov’t outlines new initiatives for increased rice production

The Guyana government has allocated more than GUY$7.2 billion (equivalent to approximately US$28.8 million) to support the rice industry this year. This substantial investment aims to mitigate the impact of declining global rice prices, enhance agricultural yields, and reduce production costs for local farmers. Agriculture Minister Zulfikar Mustapha highlighted these efforts during a recent engagement with rice farmers in Region Three, emphasizing the government’s commitment to sustaining the sector.