Rice farmers across the country are set to benefit from a new price stabilisation fund designed to guarantee fair prices and ensure timely payments for their produce. The initiative, coupled with new storage facilities, aims to provide long-term stability in the agriculture sector while safeguarding livelihoods (Department of Public Information). The fund will serve as a financial buffer to guarantee a minimum price for paddy, protecting farmers from fluctuations in global markets. This measure is expected to strengthen confidence among farmers and encourage greater investment in rice production, ensuring that the industry continues to play its vital role in national food security (Department of Public Information).
In addition to the stabilisation mechanism, a transportation grant will be introduced to help reduce the cost of moving produce from farms to markets. This is anticipated to lower the cost of vegetables and other agricultural goods for consumers, while increasing the competitiveness of local farmers (Department of Public Information). Further support will be extended to small and medium-scale farmers, particularly in cash crops and livestock production. Investments in modern feed mills, upgraded breeding stock, and the introduction of new technology—including drones and precision farming tools—are expected to reduce production costs while improving yields. Farmers will also benefit from strengthened marketing systems and consortium-based support that enable them to reach larger markets more effectively (Department of Public Information).
The initiatives are part of a broader development strategy for Region Six, which is poised to become a hub for trade, logistics, and energy. Planned projects include the construction of the Corentyne River bridge to link Berbice with Suriname, modernisation of the Berbice Bridge, a deep-water port, and a second gas pipeline. These infrastructure developments are expected to stimulate regional economic activity, create jobs, and expand export opportunities for agricultural products (Department of Public Information). Complementary investments will also be directed towards healthcare, childcare centres, housing, and youth development. Public safety measures are being enhanced through the installation of new streetlights, CCTV systems, and upgraded police equipment, alongside an expanded focus on community policing (Department of Public Information).
Together, these measures reflect a multi-pronged approach to strengthening agriculture while driving wider regional development. By ensuring stability for farmers and modernising supporting infrastructure, the initiatives aim to create sustainable growth that benefits both producers and consumers (Department of Public Information).
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Rice Farmers to Benefit from Price Stabilisation Fund and Expanded Support
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