Malagasy government mobilizes 100 thousand tons of rice

To curb the surge in prices and ensure access to this essential commodity, the Malagasy government is mobilizing 100 thousand tons of rice. By combining local stocks and imports, it aims to meet the demand. The objective is to stabilize the price at 750 MGA, or approximately 0.16 USD per cup, and to regulate sector players.

Amid persistent tensions in the rice market, Madagascar is strengthening its regulatory measures. Starting in February, an initial batch of 90 thousand tons of imported rice will be added to the more than 22 thousand tons already stored at the port of Toamasina. Overseen by the Ministry of Industry and Commerce, this initiative aims to balance supply and contain prices, with a target set at 750 MGA per cup, as required by President Andry Rajoelina.

To ensure fair distribution, Isidore Razanakoto, Director General of Commerce, stated that « all teams, central and regional, are mobilized ». Simultaneously, agreements regulating the margins of distributors and importers are coming into effect. Currently, prices range between 750 MGA and 1,150 MGA depending on the varieties (Makalioka rice, Manalalondo rice), disparities that the authorities aim to reduce.

The Rice Task Force, composed of ministries and professionals, is working to make the rice sector more resilient and sustainable. Under the auspices of Minister David Ralambofiringa, negotiations have been successful with local producers, processors, and importers. Regarding Malagasy rice, decrees are gradually regulating the harvesting and marketing of paddy and white rice varieties. Consequently, these measures aim to ensure fair incomes for farmers.

The fight against speculation relies on enhanced surveillance. A green line now allows consumers to report abuses. « We are tracking illegal practices », insisted the Ministry, determined to avoid artificial shortages. While initial actions partially curb the rise, challenges remain immense in a country where rice is the staple food. The success of this strategy depends on a fragile balance, namely coordinating massive imports, supporting local production, and controlling intermediaries. A crucial challenge for the island’s food security.