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Guyana Dumps $2.7B to Save Rice Farmers | Bahamas News

Guyana Dumps $2.7B to Save Rice Farmers | Bahamas News

Published 1 month, 1 week ago
Description

Guyana’s government is pouring over $2.7 billion into its rice farmers through the First Crop 2026 Support Programme, already reaching 5,000 farmers across 235,000 acres to combat falling global rice prices. Beyond cash aid, the plan slashes farming costs—reducing land and water fees, eliminating taxes on equipment and chemicals, and securing affordable seeds and fertilizer. The government also aims to strengthen the sector long-term by upgrading infrastructure and tapping new markets, ensuring Guyana’s rice industry stays resilient and profitable.

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