Blog IICA

Cash subsidies to rice farmers in Guyana (2026)

Start Date: 30/04/2026
End Date: N/A

Description

National initiative of the Government of Guyana allocating approximately GYD 3.0 billion in direct cash transfers to rice farmers. Farmers cultivating 50 acres or less receive GYD 15,000 per acre, while those cultivating more than 50 acres receive GYD 10,000 per acre. The Ministry of Agriculture, through the GRDB, completed beneficiary registration and verification before payments began.

Observations

Primary source: Ignite News, 29-06-2026. The initiative stems from the commitment agreed on 30-04-2026 during a consultation with rice farmers. Budget reported by the source: approximately GYD 3,000,000,000. USD conversion uses the Bank of Guyana official end-of-period exchange rate for 30-04-2026: 208.50 GYD per USD; converted budget: USD 14,388,489.21. Exchange-rate source: https://bankofguyana.org.gy/bog/images/research/statistical_tables/FNSCDATA-April_2026.pdf. The amount is an approximate allocation, not a final executed expenditure. The source does not identify an explicitly linked policy framework for this intervention.

Action scope

National

Evaluated

No

Stage

Implementation- Ongoing

Temporalidad

Short-term

Number of Years

N/A

Related elements

Budget in USD

Budget in USD
$14,388,489.00
Counterpart Budget
$0.00
Total Budget
$14,388,489.00
Annual Average Budget
$0.00
Financing Sources Financing Types
Government of Guyana. Public budget

Institutions

Institutions Institutions rols
Government of Guyana Financing-investor
Ministry of Agriculture (Guyana) Execution and operation
GRDB: Guyana Rice Development Board Monitoring and auditing

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