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Headline

Government Approves Duty-Free Rice Imports to Boost Supply and Lower Food Prices

The government has approved the importation of rice without import duties in a bid to increase food supplies, stabilize the market, and reduce the rising cost of the staple across the country.

The temporary measure is aimed at easing pressure on consumers who have faced high rice prices due to inflation, poor harvests in some areas, foreign exchange challenges, and supply chain disruptions. By waiving import duties, authorities expect more rice to enter the market, increasing competition and helping to bring prices down.

Officials say the policy is part of broader efforts to improve food security while ensuring that affordable rice remains available to households. The government also stressed that the measure is temporary and will be reviewed based on market conditions.

However, the decision has sparked mixed reactions. Consumer groups have welcomed the move, saying it could provide relief to families struggling with the high cost of living. On the other hand, some local rice farmers and producers have expressed concern that increased imports could affect domestic production and discourage investment in the agricultural sector.

The government has assured stakeholders that it remains committed to supporting local rice production through improved access to financing, modern farming techniques, and investments in agricultural infrastructure, while balancing the immediate need to make food more affordable for citizens.

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