Dominican Republic Dominican Republic Governmental Support for the Rice Sector

  |   Attaché Report (GAIN)

Rice is one of the most important agricultural products in the Dominican Republic. The Dominican Government (GoDR) has implemented policies to foster the production and stability of the rice market. Among the most important of those policy measures is the Pignoracion program, established as a mechanism to stabilize rice market prices and supply by underwriting storage costs and allowing producers and millers to pledge stored rice as collateral for interest-free loans. 

Dominican Republic Dominican Republic Governmental Support for the Rice Sector 

Western Hemisphere, Dominican Republic
Grains, Feeds and Fodders, Rice

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