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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).

The Guyana Project is an independent media platform delivering fact-checked, ground-level reporting on politics, economy, and public life in Guyana. With a focus on transparency and development, we bring unfiltered news and thoughtful analysis to help shape a more informed, forward-looking nation.

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Rice Farmers to Benefit from Price Stabilisation Fund and Expanded Support

– A new Price Stabilisation Fund aims to provide financial relief for rice farmers facing fluctuating market prices. – The fund will help ensure consistent income for farmers during periods of price volatility. – Expanded support initiatives include training programs and access to better farming technologies. – Farmers will receive guidance on sustainable practices to improve crop yields and profitability. – The government is collaborating with agricultural organizations to enhance farmer outreach and support. – Financial literacy programs will be introduced to help farmers manage their finances effectively. – Long-term goals include increasing rice production and boosting local economies through enhanced farmer resilience.

Rice Farmers to Benefit from Price Stabilisation Fund and Expanded Support

🌾 Exciting news for rice farmers! A new price stabilization fund and expanded support are set to boost livelihoods and ensure sustainable farming practices. 🌱💪 #RiceFarmers #SustainableAgriculture #SupportLocal
Rice Farmers to Benefit from Price Stabilisation Fund and Expanded Support