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Wednesday, December 11, 2019

Cambodian Prime Minister Hun Sen has banned traders from lowering their rice prices and buying them at reasonable prices


The Prime Minister of the Kingdom of Cambodia this morning called for a ban on traders To lower the price of rice from farmers and buy at a reasonable price. Such calls were made after farmers in many provinces complained Rice prices this year have been unusually low.

Samdech requests rice mill, Ministry of Agriculture, Forestry and Fisheries Karma, for example, is to monitor and monitor people's rice purchases.
Recently, the government, through the Ministry of Economy and Finance, has allocated US $ 50 million to the Rural Development Bank to transform itself into "Rural Development Bank and Agriculture". The funds will be used by the government from December 9, 2019 to serve the agricultural sector, especially for stabilizing prices and collecting rice from farmers and stocking, processing and exporting. According to a statement from the Rural Development Bank on December 5.

In addition, the Working Group within the Political, Economic and Financial Sub-Committee to monitor and monitor the implementation of the Royal Government's Special Program on Rice Sector will hold an inter-ministerial meeting to address issues related to rice. Rice sector on December 6, 2019. Rural development bank for owner of the mill Rice millers and rice collectors continue to buy rice at reasonable prices for stock as collateral for the loan in accordance with the terms of the Rural Development Bank.

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