The government is planning to disburse 688 billion kyats of agricultural loans for a total of more than five million acres in the 2025-2026 fiscal year, according to the Meeting 1/2025 of the Union Price Stability Committee.
The meeting was held at 1:00 pm on July 17 at the meeting room of the Ministry of Planning and Finance, Office No. 32.
The government is disbursing low-interest loans from the State Economic Promotion Fund for the development of the agricultural sector as well as for the investment needs of increasing domestic edible oil production.
In addition, it is necessary to take supervisory measures to ensure no impact of natural disasters on commodity prices and to make plans in advance and work together to prevent shortages of basic food products in the market, price increases and difficulties in the flow of goods from one region to another.
The Union Price Stability Committee was reconstituted on August 18, 2023, and is responsible for ensuring that prices of basic food products such as rice, edible oil, meat, fish, eggs, and kitchen items are stable, that domestic demand is balanced with production, that the flow of goods is correct and that issues that disrupt price stability are monitored in accordance with the law.
